This is a legacy page. Please click here to view the latest version.
Thu 13 Jul 2017, 11:48 GMT

Singapore posts lowest bunker sales in nine months... but best H1 ever


Asian port records second YoY decline in a row for the first time since September.



The port of Singapore recorded its lowest bunker sales figure in nine months during the month of June, according to preliminary estimates released by the Maritime and Port Authority of Singapore (MPA).

The Southeast Asian port sold 3,836,300 tonnes in June, representing a drop of 250,100 tonnes, or 6.1 percent, compared to last year's figure of 4,086,400 tonnes.

It is the second year-on-year (YoY) decline in a row - the first time this has happened since September last year.

In comparison with the previous month's result of 4,180,600 tonnes, total sales at the world's leading bunker port fell by 344,300 tonnes, or 8.2 percent.

Despite the decrease, however, overall bunker sales between January and June were 24,920,700 tonnes, which represents an increase of 536,600 tonnes, or 2.2 percent, compared to the same period in 2016 (20,297,700 tonnes). It is the highest figure ever recorded for the first half of the year.

So far this year, Singapore has averaged 4,153,450 tonnes per month. If it were to average just under 4,180 tonnes during the next six months, then Singapore would reach 50 million tonnes during a calendar year for the first time.

Sales of 380 centistoke (cSt) - the port's best-selling bunker grade - dipped 197,600 tonnes, or 6.6 percent year-on-year to 2,784,500 tonnes, whilst the month-on-month decrease was 338,500 tonnes, or 10.8 percent.

Deliveries of 500 cSt fell by 12,700 tonnes, or 1.4 percent year-on-year to 882,000 tonnes. However, the figure was the second-highest in 10 months as sales rose 25,400 tonnes, or 3.0 percent, month-on-month.

Low-sulphur marine gas oil (LSMGO) recorded a year-on-year increase in June with sales of 99,400 tonnes - a rise of 13,800 tonnes, or 16.1 percent. But the figure was also the lowest of the year so far and 3,200 tonnes, or 3.1 percent, less than in May.

Vessel arrivals and bunker calls

According to the MPA, the number of ships greater than 75 gross tonnes (gt) calling at Singapore for bunkers in June was 3,378 - a fall of 138, or 3.9 percent, compared to last year.

Interestingly, so far in 2017, every month has recorded a decline in the number of bunker calls compared to last year.

In a comparison with last month, the number of bunker calls was also down - by 135.

The total number of vessels greater than 75 gt arriving in Singapore increased by 819, or 7.2 percent, to 12,273 in June, year-on-year. Month-on-month, vessel arrivals declined by 382, or 3.0 percent.


Proteus Supply and Trading and Propeller Fuels logo. Propeller Fuels and Proteus Supply and Trading form commercial partnership to expand Americas coverage  

US-based Proteus and UK-based Propeller Fuels unite operations across the Americas and beyond.

Kasif Kalkavan vessel. Turkon Line’s LNG-powered Kaşif Kalkavan makes maiden call at Marport  

Türkiye’s largest domestically built LNG-fuelled container ship has docked at Marport for the first time.

Vinoth Kumar, Flex Commodities. Flex Commodities appoints Vinoth Kumar as general accountant  

Dubai-based bunker trader strengthens finance team with new accounting hire.

Kota Elok vessel. PIL's first LNG dual-fuel boxship receives cybersecurity certification on Singapore maiden call  

Pacific International Lines' 13,000-teu vessel Kota Elok becomes the first PIL ship certified to IACS cyber-resilience standards.

Princess cruise ship. Wärtsilä and Carnival Corporation sign 8-year lifecycle agreement for LNG-fuelled cruise vessels  

Deal covers four vessels across the Princess Cruises and Carnival Cruise Line fleets.

Antwerpen vessel. Exmar vessel completes first commercial voyage on ammonia dual-fuel  

Antwerpen sailed from China to India using ammonia in dual-fuel mode during commercial service.

Keel-laying ceremony of vessel with builder's hull no. CHB3016. Changhong International launches ninth LR2 tanker in Navios series  

Vessel includes future methanol and LNG conversion capability as well as shore power provision.

ECSA logo. European shipowners back EU ETS revenue earmarking but warn proposal falls short on clean technology support  

ECSA welcomes fuel support and revenue earmarking but calls for broader technology eligibility and a clear IMO withdrawal clause.

World Shipping Council logo. WSC backs EU ETS fuel revenue reinvestment but warns over port competitiveness rules  

The World Shipping Council welcomes proposed ETS fuel mechanism changes but flags concerns over neighbouring port proposals.

Green methanol bunkering vessel render. Western Baltic Engineering unveils green methanol bunkering vessel concept for Klaipėda  

Concept vessel design features an 800-tonne capacity and annual supply potential of 250,000 tonnes.


↑  Back to Top


 Recommended