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).


Rolls-Royce mtu engine test bench. Rolls-Royce Power Systems switches German engine test facilities to HVO fuel  

Company saved 3,200 tonnes of CO2 by end of 2025 after switching to renewable diesel.

MSC Migsan delivery ceremony. Changhong International delivers final LNG dual-fuel container ship 205 days early  

Chinese shipbuilder completes 10-vessel series for MSC with delivery of 11,500-teu MSC Migsan.

Seoul city skyline. Oilmar seeks senior and mid-level bunker traders in Seoul  

Marine fuel firm aims to recruit experienced traders for South Korean operations.

Morten Thomas Jacobsen, GEA. Global Ethanol Association to present on ethanol marine fuel at London shipping expo  

Morten Thomas Jacobsen will discuss ethanol fuel trials and maritime decarbonisation challenges in June.

Adrian Tolson, IBIA. IBIA warns of structural shift in marine fuel market following Middle East tensions  

Association chair says geopolitical disruptions signal lasting changes to bunker supply dynamics and pricing.

HMM Hamburg vessel. Rotterdam bunker volumes plunge 25% in first quarter amid regulatory shifts  

Fossil fuel sales decline sharply while alternative fuels show modest growth in Dutch port.

Camellia Dream vessel. Norsepower completes factory tests for 18 rotor sails bound for Airbus fleet  

Wind propulsion units cleared for installation on LD Armateurs vessels targeting 50% emissions reduction.

Frankie Russ vessel. Ernst Russ acquires four chemical tankers with five-year charters worth $126m  

Hamburg shipowner enters tanker segment with methanol-ready newbuildings delivering from Q4 2026.

Ammonia fuel system component. Wärtsilä boosts ammonia engine power output to match LNG equivalent  

Finnish technology group raises Wärtsilä 25 Ammonia engine output, enabling simpler vessel designs.

Aerial view of a cruiseship at sea. Fincantieri secures order for three LNG-fuelled cruise ships from Princess Cruises  

Italian shipbuilder to construct vessels at Monfalcone yard, with deliveries scheduled through 2039.


↑  Back to Top