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Singapore sales up despite 5% less bunker calls

November volume rose 4.6% YoY, whilst bunker calls fell by 178.



Merlion statue, located at Merlion Park, Singapore. Image credit: Bernard Spragg Flickr CC0 1.0


Updated on 17 Dec 2020 12:32 GMT

Singapore recorded its highest monthly bunker sales figure since March in November, according to data released by the Maritime and Port Authority of Singapore (MPA).

With an overall bunker volume of 4.263m tonnes, sales in November were up year-on-year (YoY) by 186,900 tonnes, or 4.6 percent. In a month-on-month (MoM) comparison, the figure represents a rise of 110,100 tonnes, or 2.7 percent.

Sales of Singapore's best-selling product, VLSFO 380 centistoke (cSt), declined by 189,300 tonnes, or 8.5 percent, to 2.044m tonnes compared to the previous month; and higher-sulphur MFO 380 recorded a sequential dip of 10,700 tonnes, or 1.1 percent, to 995,100 tonnes.

VLSFO 100 cSt recovered from its 22 percent decrease in October to record sales of 597,900 tonnes - the highest figure since August, whilst VLSFO 180 cSt jumped 175,400 tonnes to 185,900 tonnes to achieve the best result since January.

In terms of accumulated volume for the year so far, Singapore sold 45.544m tonnes of marine fuel during the first 11 months of 2020 - a YoY improvement of 2.546m tonnes, or 5.9 percent.

Meanwhile, rolling 3-month volume of 12.633m tonnes between September and November was the highest since the 12.717m tonnes recorded between January and March.

November sales up despite drop in bunker calls

The number of ships greater than 75 gross tonnes (gt) calling at Singapore for bunkers in November was 3,359 - representing a YoY decrease of 178 ships, or 5.0 percent, and a MoM decline of 37 vessels, or 1.1 percent.

The total number of vessels greater than 75 gt arriving in Singapore plummeted YoY by 4,396, or 37.4 percent, to 7,347. Sequentially, November's figure was down 155, or 2.1 percent.





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Related Links:

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