Singapore bunker sales fell for the second consecutive month
Total conventional bunker fuel sales decreased in September as fewer ships arrived to lift bunkers at the port.
Changes in bunker sales from August to September:
- Total sales down 209,000 mt to 4.24 million mt
- VLSFO sales down 196,000 mt to 2.25 million mt
- HSFO sales down 55,000 mt to 1.64 million mt
- MGO sales up 40,000 mt to 347,000 mt
Singapore's VLSFO sales dropped by 8%, while total HSFO sales fell by 3%. However, MGO sales at the port surged by 13%, according to preliminary data from the Maritime and Port Authority of Singapore.
In September, 3,267 vessels arrived for bunkering, a sharp decline of 269 from 3,536 in August. This also marked the lowest number of bunker calls since February last year.
The average stem size in September was 1,297 mt, slightly below August's 1,257 mt.
Despite a drop in sales in September, the total bunker sales in the first nine months of the year were 6% higher than during the same period last year.
Fuel grade share of total sales in September (compared to year to date):
- 53% VLSFO (56% YTD)
- 39% HSFO (37% YTD)
- 8% MGO (7% YTD)
By Tuhin Roy
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