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).


Washington State Hybrid-Electric 160-Auto Ferry vessel render. Corvus Energy to supply battery systems for Washington State Ferries hybrid vessels  

ABB selects Corvus for two new 160-vehicle ferries as part of $3.98bn electrification plan.

Vinssen and Mana Engineering sign MoU. Vinssen, Mana Engineering partner on hydrogen fuel cell retrofit for 800-teu feeder vessel  

South Korean and Dutch firms to pursue Lloyd’s Register approval for hybrid retrofit concept.

Hercules Elisabeth vessel. Hercules Tanker Management takes delivery of second Ultra-Spec vessel in China  

Hercules Elisabeth is the second of 10 hybrid-ready tankers designed for alternative fuels.

Wolf 1 vessel. Petrol Ofisi launches fuel supply tanker Wolf 1  

Turkish bunker supplier adds 1,750-dwt vessel with alternative fuel infrastructure to fleet.

BIMCO meeting. BIMCO to convene for adoption of biofuel clause and ETS provisions at February meeting  

Documentary Committee to consider new contractual frameworks for alternative fuels and emission trading scheme compliance.

Sea Change II vessel render. Incat Crowther and Switch Maritime develop 150-passenger hydrogen ferry for New York  

Design work begins on 28-metre vessel with 720 kg hydrogen capacity and 25-knot speed.

Aerial view of a container vessel. HIF Global signs heads of agreement with German eFuel One for 100,000 tonnes of e-methanol annually  

Deal covers supply from HIF’s Uruguay project, with e-methanol meeting EU RED III standards.

Welcoming of Kota Odyssey at Jordan’s Aqaba Container Terminal. PIL’s LNG-powered vessel makes maiden call at Jordan’s Aqaba port  

Kota Odyssey is Pacific International Lines’ first LNG-fuelled ship to call at the Red Sea port.

Celsius vessel. RMK Marine to equip Celsius LNG bunker vessel with gas combustion unit  

Turkish shipbuilder adds specialised equipment to support cool-down and gassing-up operations for LNG vessels.

CSL and CMA CGM contract signing. Cochin Shipyard signs contract with CMA CGM for six LNG-fuelled container vessels  

Indian shipbuilder to construct vessels for French shipping company.


↑  Back to Top


 Recommended