Wed 31 Oct 2012, 11:18 GMT

Singapore 380-cst falls $33 in October


Monthly Singapore 380-cst average declines for the first time since June.



The average price of 380-centistoke (cst) fuel oil in Singapore decreased for the first time since June during the month of October, according to Bunker Index price data.

The 380-cst average at the world's leading bunker port fell by $33 per tonne, or 4.9 percent, to $637 per tone this month, down from $670 per tonne in September.

During the month of October, the low-high price range - an indicator of intra-month volatility - was $42.50 with a low of $613.50 per tonne and a high of $656.00 per tonne. In a comparison with previous months, the $42.50 range was the narrowest since April, when the margin was only $29.00.

Please find a table below outlining average monthly Singapore 380-cst prices between April 2008 and October 2012.

MonthAverage($/mt)LowHigh
Oct 12637 613.50 656.00
Sep 12670 628.00 699.00
Aug 12658 623.00 685.00
Jul 12607 584.00 632.00
Jun 12583 560.00 610.00
May 12663 619.00 720.00
Apr 12715 705.00 734.00
Mar 12727 718.00 740.00
Feb 12725 710.00 739.00
Jan 12722 689.00 737.00
Dec 11661 625.00 684.00
Nov 11682 655.00 713.00
Oct 11660 625.00 690.00
Sep 11644 620.00 669.00
Aug 11645 623.00 684.00
July 11659 632.00 681.00
June 11647 620.00 677.00
May 11633 608.00 670.00
Apr 11669 650.00 685.00
Mar 11633 622.00 645.00
Feb 11606 562.00 668.00
Jan 11534 507.00 560.00
Dec 10498 492.00 506.00
Nov 10482 462.00 508.00
Oct 10462 451.00 473.00
Sep 10436 429.00 448.00
Aug 10441 422.00 465.00
Jul 10434 412.00 450.00
Jun 10435 418.00 450.00
May 10 452 406.00 498.00
Apr 10 480 458.00 497.00
Mar 10 459 447.00 473.00
Feb 10 456 434.00 473.00
Jan 10 481 455.00 508.00
Dec 09 463 438.00 490.00
Nov 09 464 447.00 477.00
Oct 09 440 412.00 465.00
Sep 09 426 408.00 442.00
Aug 09 437 418.00 452.00
Jul 09 407 381.00 437.00
Jun 09 398 385.50 422.00
May 09 343 294.00 382.00
Apr 09 289 256.00 308.00
Mar 09 244 225.00 272.00
Feb 09 257 235.00 278.00
Jan 09 258 235.00 288.00
Dec 08 232 214.00 260.00
Nov 08 235 205.00 295.00
Oct 08 406 268.00 575.00
Sep 08 610 530.00 714.00
Aug 08 671 617.00 728.00
Jul 08 718 665.00 763.00
Jun 08 629 573.00 681.00
May 08 580 524.00 635.00
Apr 08 523 491.00 545.00


Damen ASD Tug 2713 Fuel Flexible (FF) vessel graphic. Damen receives methanol approval for ASD Tug 2713 fuel-flexible design  

Bureau Veritas and Dutch flag state grant approval, enabling construction of methanol-ready tugs.

Sing Fuels hiring graphic. Sing Fuels seeks supply trader for China-focused marine fuel procurement role  

Singapore-based firm recruiting for position involving supplier negotiations and market tracking across Asia.

Steel cutting ceremony of vessel with builder's hull no. CHB2061. Zhoushan Changhong begins construction on third 11,400-teu LNG dual-fuel container ship  

CHB2061 is the third vessel in an 18-ship series for Oceanroutes, designed to exceed EEDI Phase III standards.

Steel cutting ceremony of vessel with builder's hull no. CHB2050. Construction begins on fourth 19,000-teu LNG dual-fuel container ship for MSC  

Vessel is said to be the largest LNG dual-fuel container ship under construction in Zhejiang Province.

325,000-dwt Newcastlemax vessel render. WinGD secures first ethanol-fuelled engine orders for ocean-going vessels  

Swiss power firm to supply dual-fuel engines for two ore carriers operating under Vale charter.

Grimaldi ro-ro passenger vessel render. Auramarine to supply methanol fuel systems for six Grimaldi Group ro-pax vessels  

Finnish firm wins contract for methanol systems on Mediterranean vessels scheduled for delivery in 2028–2030.

Everllence office building. Everllence reports more than 160 orders for Mk10.7 two-stroke engine platform  

Modular engine design allows shipowners to switch between conventional and alternative fuels.

Rendering of an electric tug. Berg Propulsion to supply electric propulsion for Türkiye’s most powerful tugs  

Swedish firm contracted for four diesel-electric firefighting tugs with over 130-tonne bollard pull capacity.

Hyke F-15 Shuttle vessel render. Hyke partners with Pascal Technologies for electric ferry powertrain in Norway  

Pascal Technologies to supply integrated powertrain platform for Hyke F-15 Shuttle ordered by Cityboat.

VPS logo. The importance of fast turnaround times for bunker fuel analysis in today’s market | Thomas Schmidt, VPS  

Rapid and reliable fuel quality intelligence is critical to protecting vessels, machinery, operations and commercial performance.