Bunker sales at Singapore port fell 8.6% on year during October 2019, showed Maritime and Port Authority of Singapore (MPA) data.
A total 3.77 million metric tonnes (mt) (exact: 3,767,700 mt) of marine fuel was sold at the port in October, lower than 4.11 million mt (exact: 4,125,200 mt) posted during October 2018.
Deliveries of 500 centistokes (cSt), 380 cSt and 180 cSt grades in October 2019 (versus on year), was respectively 503,000 mt (-39.7% from 834,800 mt), 2.26 million mt (-24.4% from 2.99 million mt), and 17,600 mt (-25.4% from 23,600 mt).
Low sulphur 500 cSt, 380 cSt and 180 cSt products recorded no sales (compared to zero on year), 459,300 mt (+13,818.2% from 3,300 mt), and 110,600 mt (+238.2% from 32,700 mt).
Low sulphur marine gas oil (LS MGO) sales were posted at 293,900 mt (+105.2% from 143,200 mt) and MGO at 51,300 mt (-30.4% from 73,700 mt).
To date, the amount of bunkers sold at the port totalled 38.92 million mt from January to October 2019, 6.4% down compared to 41.58 million mt during the similar period last year.
Related: Singapore bunker fuel sales volume down 5% on year in September
Related: Singapore August bunker sales volume down 7% on year
Related: Singapore marine fuel sales volume dip 4% on year in July
Related: Bunker sales volume at Singapore dip marginally lower in June
Related: Bunker sales at Singapore port sink further 6.5% in May on 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.
Photo credit: Manifold Times
Published: 15 November, 2019
Sukumar Verma, Managing Director at Informa Connect Singapore, explains how the world’s largest bunkering event will be virtually carried out between 6 to 8 October 2020.
David John Kidd amassed losses of over SGD 1 million to Lukoil Asia Pacific Pte Ltd through multiple irregular trades with Transocean Oil over a four-month period in 2016.
Helmsman LLC lawyers discuss pausing of LC payment, what it means for parties buying ships from companies of a group affected by fraud allegations, and trafficking in spent bills of lading.
Beluga Asia has entered into a Memorandum of Agreement with Sun Marine Corporation to acquire bunker tanker M.T. MA Veronica for USD 2.45 million.
Listing of Brightoil’s shares on the Stock Exchange was cancelled on 16 March 2020, according to a written Judgement of Russell Coleman, a Judge of the Court of First Instance.
‘To this end, the Bank has shown there are grounds for suspecting the CIA Contract may be a sham / fake contract and/or was not performed,’ said CMB’s submission to the Singapore court.