This is a legacy page. Please click here to view the latest version.
Fri 13 Jul 2018, 08:46 GMT

Singapore bunker sales up YoY... but second-lowest in 16 months


Sales fall below 4m tonnes for first time in a year; bunker calls drop to their second-lowest level of 2018.


Port of Singapore with the Central Business District (CBD) behind.
Image credit: Flickr
Bunker sales in Singapore during the month of June fell to their lowest level in 12 months as the number of bunker calls and vessel arrivals also declined, latest data for the Asian port reveals.

Total volume sold amounted to 3,922,300 tonnes, which was a month-on-month (MoM) decrease of 361,200 tonnes, or 8.4 percent; whilst in a year-on-year (YoY) comparison, the figure was up 86,000 tonnes, or 2.2 percent.

Last month's figure was only the second in 16 months - since February 2017 - showing sales volume below 4 million tonnes, with both results coming in the month of June.

380 centistoke (cSt) sales decreased MoM - for the third month in a row - by 152,300 tonnes, or 5.2 percent, to 2,795,700 tonnes. YoY, Singapore's best-selling fuel grade recorded a slight increase of 11,200 tonnes, or 0.4 percent. It is the first monthly YoY rise since January.

For 500 cSt, Singapore posted a volume of 852,900 tonnes, as sales decreased both MoM (by 156,700 tonnes, or 15.5 percent) and YoY (by 29,100 tonnes, or 3.3 percent). The figure is the lowest since December.

Sales of low-sulphur marine gas oil (LSMGO) in June dipped MoM by 2,300 tonnes, or 2.1 percent, to 107,500 tonnes. And in a YoY comparison, the figure was up 8,100 tonnes, or 8.1 percent - the fifth successive monthly rise.

Standard MGO sales dipped MoM by 7,500 tonnes, or 12.0 percent, to 55,100 tonnes. YoY, the figure was 5,500 tonnes, or 11.1 percent, higher.

Drop in bunker calls and vessel arrivals

The number of ships greater than 75 gross tonnes (gt) calling at Singapore for bunkers in June was 3,130 - the second-lowest figure of the year so far, and representing a MoM decrease of 107, or 3.3 percent, and a YoY drop of 248, or 7.3 percent.

The total number of vessels greater than 75 gt arriving in Singapore fell MoM by 1,033, or 8.4 percent, to 11,192, whilst YoY, June's figure was lower by 1,083, or 8.8 percent. It is the second-lowest monthly figure in 16 months.

MGO  

Sing Fuels logo. Sing Fuels seeks Asia-based supply trader to bolster bunker procurement team  

Singapore bunkering firm is recruiting a supply trader to manage marine fuel purchasing across Asia.

MOL joint naming ceremony. MOL names world's first ammonia-fuelled Capesize bulk carriers  

Naming of Ruri Mirai, Ruri Sekai and Ruri Hikari signals ammonia's arrival as a marine fuel for large bulk carriers.

Washington State Hybrid-Electric 160-Auto Ferry vessel render. ABB wins Washington State Ferries' third hybrid-electric vessel order  

ABB extends its role in the US ferry operator's electrification programme, which targets emission-free operations by 2050.

Aurora Borealis vessel. Kawasaki Heavy Industries delivers LPG-fuelled carrier Aurora Borealis  

Ship could also be modified in future to allow for ammonia-fuelled operation.

Rendering of Estonia's first shore-charged electric ferry. Estonian State Fleet's shore-charged electric ferry completes model testing in Germany  

Hull and propulsion tests show the vessel's energy consumption remains within contracted limits with room to spare.

Kypros Island vessel. Tsuneishi delivers first methanol dual-fuel Kamsarmax bulk carrier from Chinese yard  

Shipbuilder claims progress towards establishing a mass-production system for vessels designed to reduce environmental impact.

ZIM LNG container vessel. Los Angeles and Long Beach identify LNG and methanol as key near-term marine fuels  

Joint feasibility study maps out demand projections and infrastructure needs to support cleaner shipping fuels at San Pedro Bay

Alexander Treff, Christiania Energy, Christiania Energy welcomes student assistant to Copenhagen office  

Alexander Treff joins marine fuels firm while studying international business at Copenhagen Business School.

Carlotta Cosulich vessel. Cosulich Marine Energy takes delivery of third methanol-ready bunker tanker  

Carlotta Cosulich joins the group’s fleet, bringing its four-vessel bunkering programme closer to completion.

Rendering of a Wallenius Wilhelmsen vessel Wallenius Wilhelmsen orders four dual-fuel PCTCs, extends fleet renewal programme  

Shipping firm signs for LNG-fuelled car carriers with options for eight more, with deliveries from 2030.


↑  Back to Top