Bunker sales at Singapore port rose 7.2% on year in July 2020, according to Maritime and Port Authority of Singapore (MPA) data.
A total 4.16 million metric tonnes (mt) (exact: 4,157,671 mt) of bunkers was sold at the port in July, more than 3.88 million mt (exact: 3,878,200 mt) posted during July 2019.
Deliveries of 500 centistokes (cSt), 380 cSt and 180 cSt grades in July 2020 (against on year), were respectively 59,900 mt (-91.3% from 688,490 mt), 928,300 mt (-66.6% from 2.78 million mt), while 180 cSt product recorded no sales (-100% from 24,000 mt).
Low sulphur 500 cSt, 380 cSt and 180 cSt products respectively recorded no sales, 2.28 million mt (significantly up from 22,200 mt), and 12,500 mt (+9.4% from 43,600 mt).
The latest data introduced new categories, namely low sulphur 100 cSt which recorded 603,900 mt and ULSFO had no sales in July.
Low sulphur marine gas oil (LS MGO) sales were posted at 254,000 mt (+10.5% from 230,800 mt) and MGO at 56,200 mt (-2.4% from 54,900 mt).
Related: Singapore: Bunker sales declined 2.3% on year in June, in line with market expectations
Related: Bunker fuel sales dipped 2% at Singapore port in May, experts provide opinion and forecast
Related: Marine fuel consultants explain Singapore’s 10.8% on year bunker sales increase in April
Related: Singapore: March 2020 bunker fuel sales rise 5.7% on year
Related: Singapore: February 2020 bunker sales volume up 2.5% on year
Related: Singapore: January 2020 bunker sales volume up 7.5% on year
Photo credit: Manifold Times
Published: 17 August, 2020
‘It is most appropriate and in the Shareholders’ interest to delineate the Group from BOPS through disposal of the Company’s interest in BOPS,’ says Board of Brightoil.
‘This indexing mechanism will help improve transparency and fairness in how fuel costs are calculated which will benefit all stakeholders in the supply chain,’ it said.
Lawyers of the ex-Regional Marine Manager of BP Singapore, the Executive Director of Pacific Prime Trading, and Deputy Public Prosecutors were present at the State Courts on Wednesday.
Singapore has to date supplied LNG fuel to 170 vessels using tanker trucks, notes Teo Chee Hean in speech.
Qingdao PetroChina Storage Company Limited to operate at Dongjiakou Port Area in Qingdao.
Introduces COO, Group Financial Controller and Interim CFO, and Global Director of Supply and Trading.
Caroline Yang, President of SSA, addresses issues earlier raised by players; including PMC No. 04, the seven-day restriction, contactless bunkering, sampling point, hose connection, and more.
IBIA Asia, ABIS, sources from Singapore’s bunkering and surveying companies, and an industry veteran share with Manifold Times the issues expected from MPA’s latest Covid-19 measures.
The top three positive movers in the 2020 bunker supplier list are Hong Lam Fuels Pte Ltd (+13); Chevron Singapore Pte Ltd (+12); and SK Energy International (+8), according to MPA list.
‘We will operate in the Singapore bunkering market from the Tokyo, with support from local staff at Sumitomo Corporation Singapore,’ source tells Manifold Times.
Changes include abolishing advance declaration of bunkers as dangerous cargo, reducing pilotage fees on vessels receiving bunkers, and a ‘whitelist’ system for bunker tankers.
Claim relates to deliveries of MGO to the vessels Pacific Diligence, Pacific Valkyrie, Pacific Defiance, Crest Alpha 1, and Pacific Warlock between March 2020 to April 2020.
