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.


Anglo-Eastern logo. Anglo-Eastern completes 200,000 cbm of LNG bunkering operations  

Ship manager has conducted over 70 LNG bunkering operations across Asia, Europe, and North America.

ABS and Fleetzero partnership signing. ABS and Fleetzero collaborate on innovative battery containers for maritime applications  

The American Bureau of Shipping partners with Fleetzero to advance sustainable maritime technology through cutting-edge battery container solutions.

CIMC Raffles and Van Oord contract signing. CIMC Raffles secures second subsea rock installation vessel order from Van Oord  

Chinese shipbuilder to construct methanol and biofuel-capable vessel with 35,000-tonne rock capacity.

Marvel Swallow vessel. Wärtsilä signs 10-year lifecycle agreement with MOL for 12 LNG carriers  

Deal covers operational support and maintenance for vessels delivered in 2024 and 2025.

Jyouichi Syou and Leo Grayson. Oceanscore opens Tokyo office to support Japanese shipping with EU emissions compliance  

Digital compliance provider expands Asia-Pacific presence with new Japan operation led by Jyouichi Syou.

Panagiotis Bastas, Flex Commodities. Flex Commodities appoints Panagiotis Bastas as sales manager for Greece  

Bastas brings over 15 years of maritime and commercial experience to the Dubai-based commodities firm.

Dorthe Karin Bendtsen, KPI OceanConnect. KPI OceanConnect completes Baseblue integration with Cyprus entity rebrand  

Marine fuel supplier consolidates operations under single brand, targeting East Mediterranean market share growth.

Malik Supply logo. Malik Supply seeks bunker trader for Athens office  

Danish bunker and energy trading company recruiting for Greek operations with international travel requirements.

Sogestran Group and Agora Transport Fluvial logo side by side. French river transport firms STF and AGORA merge to form AGORA Transport Fluvial  

Sogestran subsidiaries combine operations across North-Benelux, Seine, and Rhône-Saône regions from January.

Brave Pioneer vessel. Tsuneishi-Cebu delivers world's first methanol dual-fuelled Kamsarmax bulk carrier  

Philippine President attends naming ceremony for vessel claiming 10% CO₂ reduction versus conventional ships.


↑  Back to Top