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Some 4.01 million metric tonnes (mt) of marine fuel were sold at the Port of Singapore in May – 270,000 mt down on the 4.28 million mt sold during the same month in 2018.

May’s total, however, represents a 7.9% increase on the 3.71 million of bunker fuel sold during April.

The 2.80 million mt of Marine Fuel Oil (MFO) 380 centistokes (cSt) recorded during May represents a 5.4% year-on-year (y-o-y) decrease on the 2.95 million mt of bunkers sold in May 2018 but a 7.3% month-on-month (m-o-m) increase on the 2.61 million mt of sales in April.

In May 2018, sales of MFO 500 cSt at the Port of Singapore exceeded 1 million mt for the first and only time. The 759,100 mt of sales during May 2019 represents a steep decrease of 24.8%. However, sales of the higher viscosity fuel oil rose 9.8% m-o-m.

Low sulphur marine gasoil (LSMGO) sales, having dipped below the 200,000 mt mark for the first time in 2019 last month, rose to 212,000 mt.

The 39,900 mt of low sulphur fuel oil (LSFO) 180 cSt sales during May was the highest monthly total of the year to date.

Elsewhere, the 82,800 mt of ‘other’ fuels – fuel oils that are not classified under the common grades, such as MFO 700 cSt – rose from 64,500 mt in April to 82,800 mt in May, the second highest figure recorded at the Port of Singapore.

A total of 19.78 million mt of marine fuel was sold in the Port of Singapore during the first four months of the year. In comparison, after the first four months of 2018, some 21.42 million mt had been sold at the bunker hub.

In May, there were 3,316 calls for bunkers – 0.8% up on the 3,290 recorded in April 2019 and an increase of 2.4% on the 3,237 that called during May 2018.

Vessel arrivals at the port (vessels of 75 GT and above) last month rose from 11,243 in April to 11,697.

ASIA PACIFIC: Port of Singapore posts 12.3% drop in bunker sales

ASIA PACIFIC: Bunker sales stabilise at the Port of Singapore

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