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).


Ubuntu Humanity alongside Fuelng Bellina vessel. DNV says existing LNG infrastructure can support low-GHG methane transition  

Classification society finds biomethane and e-methane compatible with current LNG fleet and bunkering networks.

IBIA bunker buyers working group graphic. IBIA launches Bunker Buyers Working Group for fuel procurement end users  

New forum aims to represent shipowners, charterers and ship managers in policy and regulatory discussions.

Carbon registry process diagram. MOL and Shell launch book-and-claim scheme for marine biofuel emissions credits  

Japanese shipping firm partners with Shell to offer environmental attribute certificates from third-party vessel operations.

Renewable Energy Directive (RED III) policy brief cover. Bureau Veritas releases report on EU Renewable Energy Directive’s impact on shipping  

Classification society examines RED III compliance challenges as member states transpose the directive into national law.

New York City skyline. IBIA to hold 2026 annual convention in New York  

The event marks the first time in recent years that the association’s gathering has been held in the Americas.

Port of Barcelona delegates. Port of Barcelona advances shore power rollout for cruise terminals  

Installation of OPS systems begins at MSC and Royal Caribbean terminals as port reorganises infrastructure.

NACKS bulk carriers with rotor sails. Anemoi and NACKS secure ClassNK approval for Ultramax rotor sail designs  

Two configurations for wind-assisted propulsion systems on bulk carriers receive approval in principle.

DP World London vessel. Elbdeich Reederei takes delivery of first methanol-capable feeder vessel  

German shipowner receives 1,250-teu dual-fuel newbuild from Chinese yard, with three more to follow.

AuctionConnect and Asyad Shipping logos. Asyad Shipping adopts AuctionConnect digital bunker platform under three-year deal  

Middle East shipping company to implement auction-based procurement system across fleet operations.

Fuel for thought: LNG for Cruise report cover. LNG remains the most deployable decarbonisation option for cruise shipping, Lloyd’s Register report finds  

Classification society’s latest research examines the fuel’s role in the sector’s energy transition and pathway to net zero.


↑  Back to Top