This is a legacy page. Please click here to view the latest version.
Wed 13 Dec 2017, 09:51 GMT

Singapore sets new 12-month bunker sales record as November volumes rise


Nov sales up 4.2% YoY and 7.7% MoM. Port sold 50.245m tonnes between Dec and Nov.



Singapore has set a new record for sales over a 12-month period, according to data released by the Maritime and Port Authority of Singapore (MPA).

Between December 2016 and November 2017, Singapore sold 50,244,800 tonnes - beating the previous 12-month record of 50,074,900 tonnes, sold between October 2016 and September 2017.

It is the third month in a row that the world's leading bunker port has achieved rolling 12-month sales of more than 50 million tonnes, after surpassing the landmark figure for the first time in September.

With accumulated sales for the first 11 months of 2017 at 46,339,900 tonnes (representing a year-on-year increase of 1,639,800 tonnes, or 3.6 percent), Singapore looks well on course to also sell more than 50 million tonnes during a calendar year for the first time in its history - needing just over 3.6 million tonnes in December to achieve the feat. The last time the Asian port sold less than this was almost two years ago, in February 2016.

In terms of monthly figures, sales in November rose year-on-year (YoY) by 173,400 tonnes, or 4.2 percent, to 4,315,600 tonnes. In a month-on-month (MoM) comparison, volumes were up 310,300 tonnes, or 7.7 percent.

380 centistoke (cSt) sales increased YoY by 78,900 tonnes, or 2.6 percent, to 3,146,600 tonnes. Similarly, MoM, Singapore's best-selling fuel grade also recorded a 2.6 percent rise.

For 500 cSt, sales increased YoY by 40,200 tonnes, or 4.7 percent, to 899,000 tonnes, whilst compared to the previous month, volumes jumped 202,300 tonnes, or 29.0 percent.

Sales of low-sulphur marine gas oil (LSMGO) in November rose YoY by 11,000 tonnes, or 11.4 percent, to 107,600 tonnes. In comparison with October, the increase was 10,300 tonnes, or 10.6 percent.

Vessel arrivals and bunker calls

According to the MPA, the number of ships greater than 75 gross tonnes (gt) calling at Singapore for bunkers in November was 3,303 - a fall of 318, or 9.0 percent, compared to the corresponding period in 2016.

So far in 2017, every month has recorded a YoY decline in the number of bunker calls.

In comparison with the previous month, the number of bunker calls was lower by 119, or 3.6 percent.

The total number of vessels greater than 75 gt arriving in Singapore increased YoY by 627, or 5.4 percent, to 12,340 in November. MoM, vessel arrivals were down 208, or 1.7 percent.


KEYS Azalea vessel. KEYS Azalea completes 100th LNG bunkering operation in western Japan  

LNG bunkering vessel reaches landmark delivery in two and a half years.

STS bunkering operation at Port of Santos. Port of Santos moves to regular ethanol bunkering for ships  

CMA CGM, Copersucar and Bunker One expand July pilot into a commercial supply chain for ethanol as a marine fuel in Brazil

Balearia's electric fast ferry. Baleària floats first fully electric fast ferry for Tarifa–Tangier route  

Spanish operator's new catamaran, built at Armón's Gijón yard, will enter service in summer 2027.

Tsurugidake vessel. Kawasaki Heavy Industries delivers fourth LNG-fuelled VLCC  

The 309,000-tonne Tsurugidake, built at a joint-venture shipyard in Dalian, is designed to cut CO₂ emissions by up to 30% when running on LNG.

KRISO and KOMSA sign MoU. South Korean agencies link up on green shipping data and monitoring tech  

KRISO and KOMSA sign an MOU to share demonstration data and remote monitoring capabilities for eco-friendly vessels.

Peninsula logo. Peninsula seeks sales trader for Singapore bunker fuel desk  

Role suited to candidates with prior sales or trading experience, ideally within the maritime or energy sector.

Titan Optimus alongside Peony Leader vessel. FuelEU pooling drives surge in bio-LNG demand, Titan analysis finds  

Clean fuel supplier's modelling shows pooling mechanism turning overcompliance into tradable value for LNG-fuelled ships.

Keith Johnstone, Lloyd’s Register. Ports told to prepare now for advanced nuclear power  

Joint paper sets out a readiness pathway for ports facing nuclear-powered vessels, floating reactors and small modular units

Terra Clove vessel. Eastern Pacific Shipping takes delivery of first ammonia dual-fuel VLAC  

Terra Clove powered by first Everllence B&W 6G60ME-C10.5-LGIA ammonia dual-fuel two-stroke engine.

BV grants type approval to WinGD. Bureau Veritas approves WinGD's variable compression ratio technology for dual-fuel engines  

Classification society grants type approval to engine technology enabling compression ratio adjustment across different marine fuels.


↑  Back to Top