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Bunker sales at Singapore port sink further 6.5% in May on year

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To date, the amount of bunkers sold at the port totalled 19.79 million mt in 2019; 7.7% down from last year.
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Bunker fuel sales at Singapore port fell 6.5%, or 277,000 metric tonnes (mt), on year in May, according to Maritime and Port Authority of Singapore (MPA) data.

In total, 4.01 million metric tonnes (mt) (exact: 4,006,500 mt) of marine fuel were sold during May, compared to 4.28 million mt (exact: 4,283,500 mt) in May 2018.

Deliveries of 500 centistokes (cSt), 380 cSt and 180 cSt grade in May 2019 (versus on year), was respectively 759,100 mt (-24.8% from 1,009,600 mt), 2.80 million mt (-5.1% from 2.95 million mt), and 19,600 mt (-37.6% from 31,400 mt).

Low sulphur 500 cSt, 380 cSt and 180 cSt grades recorded sales of zero mt (0% change from zero mt), 19,700 mt (+688.0% from 2,500 mt), and 39,900 mt (+206.9% from 13,000 mt).

Low sulphur marine gas oil (LS MGO) sales were posted at 212,000 mt (+93.1% from 109,800 mt) and MGO at 75,900 mt (21.2% from 62,600 mt).

To date, the amount of bunkers sold at the port totalled 19.79 million mt from January to May 2019, 7.7% down compared to 21.43 million mt during the similar period last year.

Related: Singapore bunker sales volume down 12% on year in April
Related: Singapore bunker sales volume slightly dip 1.9% in March
Related: Singapore: January bunker sales volume down 8.8% on year
Related: Singapore: Bunker sales volume down 8.6% on year in February

A monthly record of Singapore’s bunker sales volume in 2018 can be found here.

Published: 14 June, 2019