Marine Fuel Sales Plummets at World’s Largest Bunkering Port

40

Sales of marine fuels at Singapore port increased by 8.2% on year during September 2020, according to Maritime and Port Authority of Singapore (MPA) data, reports Manifold Times.

In total, 4.22 million metric tonnes (mt) (exact: 4,217,600 mt) of various bunker fuels were sold at the world’s largest bunkering port in September, more than 3.90 million mt (exact: 3,898,400 mt) recorded during September 2019.

Deliveries of 500 centistokes (cSt), 380 cSt and 180 cSt grades in September 2020 (against on year), were respectively 57,900 mt (-90.6% from 612,900 mt), 876,000 mt (-67.4% from 2.69 million mt), while 180 cSt product recorded no sales (-100% from 19,800 mt).

Low sulphur 500 cSt, 380 cSt and 180 cSt products respectively recorded no sales, 2.29 million mt (significantly up from 102,000 mt), and 16,300 mt (-77.2% from 71,500 mt).

The latest data introduced new categories, namely low sulphur 100 CST which recorded 593,800 mt and ULSFO had no sales in September.

Low sulphur marine gas oil (LS MGO) sales were posted at 362,800 mt (+27.6% from 284,300 mt) and MGO at 25,000 mt (-59.7% from 62,000 mt).

Did you subscribe to our daily newsletter?

It’s Free! Click here to Subscribe!

Source: Manifold Times

LEAVE A REPLY

This site uses Akismet to reduce spam. Learn how your comment data is processed.