This is a legacy page. Please click here to view the latest version.
Mon 16 Oct 2017, 10:43 GMT

It took 20 months for Singapore to up three-month bunker sales from 12m to 13m tonnes


In contrast, it took four-and-a-half years for the port to see volumes rise from 11m to 12m tonnes.



[Click for enlarged graph of Singapore bunker sales, rolling 3-month trend: Jan 2010 - Sep 2017]

Bunker Index reported on Friday that a new record was set in Singapore between July and September 2017, with the port selling more than 13 million tonnes over a three-month period for the first time.

With sales of 4.39 million tonnes in July, 4.36 million tonnes in August and 4.34 million tonnes in September, Singapore managed to reach the landmark figure.

The graph accompanying this article reveals that the rolling three-month trend has risen by 3.82 million tonnes, or 41.2 percent, from 9.28 million tonnes to 13,098,300 tonnes since the start of the current decade.

The port data also shows that whilst Singapore reached the 10 million-tonne mark in May 2010 and 11 million tonnes in July 2011, it took another four-and-a-half years for the port to register its first three-month period of sales above 12 million tonnes.

In contrast, it took considerably less time - another 20 months - for Singapore to record its first three-month period with sales above 13 million tonnes.

Three-month sales milestones reached for the first time:

10 million tonnes - May 2010
11 million tonnes - Jul 2011
12 million tonnes - Jan 2016
13 million tonnes - Sep 2017

Image: Singapore bunker sales: rolling 3-month trend Jan 2010 - Sep 2017. Credit: Illustration data from Maritime & Port Authority of Singapore (MPA).


World Fuel logo. World Fuel’s marine gross profit surges 86% as bunker price volatility drives Q1 results  

Higher bunker prices and volatility propel World Fuel to a strong first quarter, prompting upgraded full-year guidance.

Green Pearl and Lapis Ace (STS) bio-LNG bunkering operation. Axpo completes first ship-to-ship bio-LNG bunkering at Barcelona  

Swiss energy company supplies bio-LNG to MOL's car carrier Lapis Ace at Spanish port.

Dimitris Mertikas, Island Oil. Island Oil appoints Dimitris Mertikas as head of international trading in Dubai  

Bunker firm says hire will strengthen its trading capabilities and knowledge of the Middle Eastern and Greek markets.

International Chamber of Shipping (ICS) logo. LNG and biofuels seen as most viable near-term options, ICS Barometer finds  

Geopolitical instability emerges as shipping’s defining risk in ICS report.

Changhong International Shipyard aerial view. Zhoushan ship exports nearly double in five months amid decarbonisation push  

China's Zhoushan reports 93.7% surge in ship exports driven by rising demand for more advanced and environmentally friendly vessels.

Naming ceremony of Kota Elok and Kota Elan vessels. PIL names two 13,000-teu LNG dual-fuel vessels at Shanghai shipyard  

Two newbuilds are equipped to operate on LNG as well as low-sulphur fuel oil.

Deepwater offshore installation vessel (OIV) render. Contract signed to build methanol-ready deepwater installation vessel  

Chinese shipbuilder CIMC Raffles to construct vessel for Solstad-SBM joint venture.

Verde Marine Energy (VME) logo. Verde Marine Energy completes its first B100 biofuel bunkering in ARA region  

Supplier delivers B100 advanced FAME to Vertom vessel.

CMA CGM Notre Dame vessel. Bureau Veritas classes CMA CGM’s first 24,000-teu LNG dual-fuel mega boxship built by Yangzi Xinfu  

BV highlights work carried out during design, construction and commissioning of new new ultra-large container vessel.

ECSA and A4E logo. Shipping and aviation bodies urge EU to redirect ETS revenues into sustainable fuels  

ECSA and A4E say more than €11bn in annual ETS contributions must fund decarbonisation efforts.


↑  Back to Top