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.


Petrobras and Transpetro signing ceremony. Petrobras and Transpetro order 41 vessels worth $470m for fleet renewal  

Brazilian state oil companies contract gas carriers, barges and pushboats from domestic shipyards.

European Commission headquarters. EU proposes phase-out of high-risk biofuels from renewable energy targets by 2030  

Draft regulation sets linear reduction trajectory starting in 2024, with contribution reaching zero by end of decade.

Vessel with H2SITE ammonia cracking system. H2SITE launches Norwegian subsidiary to advance ammonia-to-power technology for maritime sector  

Spanish technology firm establishes Bergen hub to accelerate deployment of ammonia cracking systems for shipping.

CMA CGM Monte Cristo vessel. CMA CGM names 400th owned vessel as methanol-fuelled containership  

French shipping line reaches fleet ownership milestone with 15,000-teu dual-fuel methanol vessel.

Methanol bunkering operation at Yantian Port. Wah Kwong adds China’s first dual-fuel methanol bunkering vessel to managed fleet  

Da Qing 268 completed maiden operation at Shenzhen’s Yantian Port on 21 January.

Tomas Harju-Jeanty and Kalle Härkki. Sumitomo SHI FW licenses VTT syngas technology for sustainable fuels plants  

Agreement enables production of green methanol and SAF from biowaste for global gasification projects.

Hydromover 1.0 vessel. Yinson GreenTech launches upgraded electric cargo vessel in Singapore, expands to UAE  

Hydromover 2.0 offers increased energy storage capacity and can be fully recharged in under two hours, says designer.

Nildeep Dholakia, Island Oil. Island Oil appoints Nildeep Dholakia as senior trader in Dubai  

Marine fuel supplier expands Dubai team as part of regional growth strategy.

Wind-assisted LNG carrier AIP certification ceremony. Dalian Shipbuilding's wind-assisted LNG carrier design receives Bureau Veritas approval  

Design combines dual-fuel propulsion with foldable wing sails to cut emissions by 2,900 tonnes annually.

Dual naming ceremony of the GH Angelou and GH Christie vessels. Anglo-Eastern adds two methanol-ready Suezmax tankers to managed fleet  

GH Angelou and GH Christie were christened at HD Hyundai Samho Shipyard on 5 January.


↑  Back to Top