Singapore Sept bunker sales steady at 4.26 mln tons, mentions a Reuters news source.
Singapore’s marine fuel sales
Singapore’s marine fuel sales, also known as bunker sales, were steady in September month-on-month as vessel calls and container throughput saw little changes, official data showed.
Sales in September totalled 4.26 million metric tons, up 0.2% from prior month and 7.7% higher year-on-year, latest data from the Maritime and Port Authority (MPA) showed.
Bunker sales in Singapore are a key indicator of sentiment at the world’s largest ship refuelling hub, which is also one of the busiest shipping lanes globally.
Singapore’s container throughput was 3.7% lower from August’s levels, at 3,206,700 twenty-foot equivalent units in September.
The number of vessel calls for bunkering stood at 3,478 last month. Low-sulphur fuel oil (LSFO) sales for bunkering had totalled 2.45 million tons in September, down 2.2% from August, while high-sulphur marine fuel oil (MFO) sales totalled 1.47 million tons in September, up 5.7% from prior month.
Bunker fuel prices trended higher in September due to an increase in upstream crude oil prices, leading to less spot buying from shippers.
Alternative fuels
Sales of bio-blended LSFO eased after a steady monthly uptrend into August, falling to 43,000 tons in September. Total bio-blended LSFO sales were at 324,460 tons in 2023 so far, the data showed. September bunker sales of liquefied natural gas (LNG) fell to 7,700 tons for a second month, with total sales at 78,380 tons to date this year.
Singapore monthly bunker sales by grade in ‘000 tons:
Total MGO LSMGO MFO Bio-blend LSFO Bio-blende LNG Methanol
ed MFO d LSFO
Jan-22 4,029.0 13.8 335.9 1,122.4 0.0 2,555.9 1.0 0.0 0.0
Feb-22 3,506.8 10.6 280.5 924.1 0.0 2,276.4 12.5 2.7 0.0
Mar-22 3,769.9 9.7 272.0 1,091.2 0.0 2,393.5 3.3 0.2 0.0
Apr-22 3,750.0 7.9 278.9 978.5 0.0 2,475.1 9.2 0.4 0.0
May-22 4,044.0 5.8 300.9 1,094.8 0.0 2,637.3 4.4 0.8 0.0
Jun-22 3,756.0 6.9 272.4 1,121.0 0.0 2,345.4 8.2 2.1 0.0
Jul-22 4,119.2 13.8 313.8 1,287.6 0.0 2,499.3 3.2 1.6 0.0
Aug-22 4,116.3 11.3 330.4 1,263.0 0.0 2,498.2 13.4 0.0 0.0
Sep-22 3,959.5 6.3 329.4 1,158.3 0.0 2,444.7 19.8 1.0 0.0
Oct-22 4,252.8 11.1 305.1 1,348.5 0.0 2,564.9 21.5 1.7 0.0
Nov-22 4,375.6 22.8 307.8 1,290.3 0.0 2,728.6 23.1 2.9 0.0
Dec-22 4,217.8 20.6 285.6 1,312.4 0.0 2,575.7 20.6 2.9 0.0
Jan-23 4,378.3 10.8 313.7 1,251.1 0.0 2,774.1 27.2 1.4 0.0
Feb-23 3,795.9 6.2 297.0 1,142.7 0.0 2,320.0 28.5 1.6 0.0
Mar-23 4,179.0 14.7 315.5 1,268.0 0.0 2,549.2 27.9 3.7 0.0
Apr-23 4,258.8 15.3 312.2 1,218.4 1.3 2,669.3 37.0 5.2 0.0
May-23 4,525.3 27.5 312.9 1,445.2 0.5 2,697.6 34.6 7.1 0.0
Jun-23 3,932.9 12.0 271.5 1,237.5 1.0 2,358.8 34.3 17.9 0.0
Jul-23 4,517.5 22.3 287.6 1,484.0 0.5 2,665.2 39.4 18.3 0.3
Aug-23 4,255.1 8.1 274.5 1,393.0 0.0 2,511.4 52.6 15.6 0.0
Sep-23 * 4,263.6 20.4 265.0 1,472.7 0.0 2,454.9 43.0 7.7 0.0
(Data from Maritime and Port Authority of Singapore)
(Figures are based on latest available data at the time of publishing, and may be subject to revision at a later
date, based on MPA.)
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Source: Reuters
