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  

Navios Turquoise vessel. Navios Partners takes delivery of second LNG- and methanol-ready boxship in newbuilding series  

Handover of 7,900-TEU Navios Turquoise follows delivery of sister ship Navios Cyan in May.

Yang Ming and Hanwha Ocean contract signing ceremony. Yang Ming orders six 13,000-TEU LNG dual-fuel vessels from Hanwha Ocean  

Taiwanese carrier expands green fleet with ammonia-ready newbuilds due for delivery by 2029.

AiP award ceremony for 12,500-cbm LNG bunker vessel design. LR awards approval in principle to Chinese yard for 12,500-cbm LNG bunker vessel design  

Lloyd’s Register validates new LNG bunkering vessel concept by CSSC Huangpu Wenchong at SMM 2026.

Santiago I vessel. Marflet Marine becomes first Spanish merchant fleet owner to operate wind-assisted suction sails  

Spanish chemical tanker operator installs bound4blue eSAILs, targeting 10–15% energy savings.

Teunis Visser, IBIA. IBIA appoints veteran fuel industry trainer Teunis Visser as advisor  

Association brings on board specialist with nearly 40 years of oil, gas and bunker sector experience.

AiP award ceremony for a 114,000-DWT tri-fuel-ready tanker concept. Lloyd’s Register and MARIC unveil tri-fuel-ready tanker concept at SMM 2026  

New 114,000-DWT tanker design offers conversion readiness for LNG, methanol or ammonia.

TFG Marine mass flow meter (MFM). TFG Marine fits two more US Gulf Coast barges with certified mass flow meters  

TFG Marine expands its mass flow meter rollout on the US Gulf Coast, adding ISO 22192 certification to two supply barges.

Hercules Vanessa vessel. HTM’s Hercules Vanessa begins maiden voyage as Ultra-Spec tanker series expands  

Vessel is the latest addition to Hercules Tanker Management’s 10-ship next-generation fleet renewal programme.

Steel-cutting ceremony for TRAnsverse 2600e vessels. Cochin Shipyard begins construction of Svitzer’s battery-electric tugs in India  

Four TRAnsverse 2600e vessels are claimed to be among the most advanced green tugs under construction globally.

TT-Line Green Ship 2.0 illustration. MacGregor wins ro-ro equipment contract for TT-Line’s battery-hybrid LNG ferries  

Company to supply cargo handling systems for two new LNG-powered ferries destined for Baltic Sea routes.


↑  Back to Top