Singapore Bunker Sales Figure Down 5.2% on Year Last Month

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  • Singapore’s Recorded bunker sales for September 2018 drops by 5.2% against same period last year record.
  • Sales better by 3.8% from 3.96 million mt in August.

The volume of marine fuel sold at the port of Singapore was down 5.2% on year in September, show Maritime and Port Authority of Singapore (MPA) data.

The port recorded bunker sales of 4.11 million metric tonnes (mt) in September 2018 compared to 4.34 million mt during the same period last year.

The figure in September was, however, up 3.8% from 3.96 million mt in August.

Sales figures

Sales of 500 centistokes (cSt), 380 cSt and 180 cSt grade in September 2018 (against September 2017), was 843,300 mt (-4.1% from 879,100 mt), 2.98 million mt (-7.3% from 3.22 million mt), and 30,200 mt (+38.5% from 21,800 mt).

Low sulphur 500 cSt, 380 cSt and 180 cSt grades saw sales of 8,000 mt (against zero sales), 2,300 mt (-72.9% from 8,500 mt), and 21,100 mt (+197.2% from 7,100 mt).

Low sulphur marine gas oil (LS MGO) sales were recorded at 133,200 mt in September 2018, up 21.3% year on year from 109,800 mt, while MGO sales increased 8.1% on year from 55,500 mt to 60,000 mt.

Whether the lower sales figure is related to the coming International Maritime Organisation’s 0.5% sulfur cap is unclear.

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Source: Manifold Times