Singapore’s Monthly Bunker Rates Falls

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According to an article published in Ship and Bunker, monthly bunker sales in Singapore in July came in at under 4 million metric tonnes (mt), which is where they were a year ago.

Bunker sales fall

  • July’s sales were 3,878,200 mt compared to 4,035,800 mt in the same month in 2018, according to data published by the Maritime and Port Authority of Singapore.
  • The key 380 cst fuel oil grade was down by 140,000 mt over the period while sales of low
    sulfur marine gasoil rose by over 100,000 mt.
  • Sales of 500 cst fuel oil were also down over the period. Singapore’s annual sales for bunker fuel are around 50 million mt

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Source: Ship&Bunker