This is a legacy page. Please click here to view the latest version.
Mon 16 Oct 2017, 06:47 GMT

Singapore 12-month bunker sales jumped from 45 to 50m tonnes in just 21 months


Sales at Asian port rose by 5m tonnes in almost a third of the time it took them to increase from 40m to 45m tonnes.



[Click for enlarged graph of Singapore bunker sales, rolling 12-month trend: Jan 2010 - Sep 2017]

As reported by Bunker Index on Friday, the world's leading bunker port, Singapore, made history in September when marine fuel sales of more than 50 million tonnes over a 12-month period were reached for the first time.

The graph accompanying this article shows the rolling 12-month trend since the start of the decade, and indicates that during this period, 12-month sales rose by 13,495,400 tonnes, or 36.9 percent, from 36,579,400 tonnes in January 2010 (for the period February 2009 to January 2010) to 50,074,800 tonnes in September 2017 (for October 2016 to September 2017).

Rolling 12-month sales surpassed 49 million tonnes for the first time in February 2017, and took a further seven months to reach the 50 million-tonne mark.

Significantly, the graph also shows that while it took 62 months (from October 2010 to December 2015) for sales to rise from 40 to 45 million tonnes, it only took 21 months - almost a third of the time - for volumes to jump another 5 million tonnes.

In a comparison of both periods, the average monthly increase between October 2010 and December 2015 was 80,645 tonnes, whilst during the 21-month period between December 2015 and September 2017, the average monthly rise was 238,095 tonnes - just shy of a quarter of a million tonnes.

Meanwhile, in an analysis of products sold between October 2016 and September 2017, the data shows that 380 centistoke (cSt) sales made up 37.31 million tonnes, or 74.5 percent, of total sales.

Sales of 500 cSt over the 12-month period were 10.15 million tonnes, or 20.3 percent, whilst combined sales of low-sulphur marine gas oil (MGO) and higher-sulphur MGO were 1.99 million tonnes, or 4.0 percent, with low-sulphur MGO volumes at 1.26 million tonnes, or 2.5 percent.

Image: Singapore bunker sales: rolling 12-month trend Jan 2010 - Sep 2017. Credit: Illustration data from Maritime & Port Authority of Singapore (MPA).


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.


↑  Back to Top


 Recommended