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SINGAPORE — Gross sales of marine gasoline at
world’s prime bunkering hub Singapore fell in September as vessel
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arrivals dropped from the earlier month, official information confirmed
Thursday.
September gross sales totalled 3.97 million tonnes, sliding by 4%
from August however edging up 1% year-on-year, whereas arrivals for
bunkering dipped 2% month-on-month at 3,155 vessel calls.
Regardless of a drop in bunker gasoline premiums, gross sales of low-sulfur
marine gasoline oil dipped by 2% from the earlier month to 2.47
million tonnes.
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In the meantime, gross sales of high-sulfur marine gasoline oil fell 9% at
1.12 million tonnes, down for a second consecutive month after a
main excessive sulfur gasoline oil (HSFO) provider had its bunkering
license suspended for 2 months.
“HSFO deliveries in Singapore will probably improve from H2
October onwards as soon as the suspension of Glencore’s bunkering
license ends,” stated Ivan Mathews, head of FGE’s Asia Refining
and World Gas Oil Service.
“That stated, general bunker gross sales may face downwards
strain this month as flat costs have gone up in October
(month-to-date) resulting from increased crude costs,” he added.
Bunker gasoline premiums for 0.5% low-sulfur gasoline oil have
largely held regular to firmer in October, after cargo premiums
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for the product rebounded following a decline in August.
TOTAL BUNKER SALES (in ‘000 tonnes)
– Together with HSFO, LSFO, MGO, Others
2022 Complete Gross sales % mother % yoy Vessel % mother % yoy
(‘000) Arrivals
for Bunker
Jan 4,033.40 -3% -10% 3,115 -1% -13%
Feb 3,501.60 -13% -15% 2,805 -10% -13%
Mar 3,770.10 8% -10% 3,020 8% -13%
Apr 3,742.30 -1% -12% 3,025 0% -13%
Could 4,115.50 10% 1% 3,168 5% -5%
Jun 3,754.10 -9% -9% 2,940 -7% -9%
Jul 4,120.60 10% 1% 3,181 8% -3%
Aug 4,116.30 0% 1% 3,212 1% 1%
Sep 3,967.60 -4% 1% 3,155 -2% 2%
LOW-SULPHUR MARINE FUEL OIL SALES (in ‘000
tonnes)
2022 LSMFO LSMFO LSMFO LSMFO Complete LSFO % mother % yoy
100cst 180cst 380cst 500cst (‘000)
(‘000) (‘000) (‘000) (‘000)
Jan 460.10 93.00 2007.90 0.00 2561.00 3% -14%
Feb 459.60 93.80 1733.10 0.00 2286.50 -11% -16%
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Mar 555.10 100.60 1741.70 0.00 2397.40 5% -15%
Apr 533.00 111.60 1832.60 0.00 2477.20 3% -12%
Could 540.20 103.30 1995.60 0.00 2639.10 7% -5%
Jun 382.10 90.40 1881.00 0.00 2353.50 -11% -14%
Jul 439.10 57.30 2009.10 0.00 2505.50 6% -7%
Aug 397.10 53.90 2059.50 1.10 2511.60 0% -6%
Sep 461.20 67.90 1944.40 0.00 2473.50 -2% -4%
HIGH-SULPHUR MARINE FUEL OIL SALES (in
‘000 tonnes)
2022 HSFO 180cst HSFO HSFO Complete % mother % yoy
(‘000) 380cst 500cst HSFO
(‘000) (‘000) (‘000)
Jan 0.10 1036.70 85.60 1122.40 -2% -1%
Feb 0.20 795.90 128.10 924.20 -18% -8%
Mar 0.00 962.60 124.90 1087.50 18% 10%
Apr 0.00 914.50 27.20 941.70 -13% -14%
Could 0.00 999.90 72.30 1072.20 14% 9%
Jun 0.00 1045.90 47.40 1093.30 2% 3%
Jul 0.00 1255.30 12.00 1267.30 16% 20%
Aug 0.00 1227.50 2.90 1230.40 -3% 17%
Sep 0.00 1114.20 1.30 1115.50 -9% 12%
MARINE GASOIL BUNKER SALES (in ‘000
tonnes)
2022 LSMGO MGO Complete MGO % mother % yoy
(‘000) (‘000) (‘000)
Jan 336.10 13.80 349.90 -2% -8%
Feb 280.50 10.60 291.10 -17% -26%
Mar 271.80 9.70 281.50 -3% -19%
Apr 278.60 7.90 286.50 2% -13%
Could 375.80 5.80 381.60 33% 23%
Jun 272.70 6.90 279.60 -27% -9%
Jul 313.80 13.70 327.50 17% 7%
Aug 330.40 11.30 341.70 4% 8%
Sep 329.40 6.30 335.70 -2% -6%
(Knowledge from Maritime and Port Authority of Singapore)
(Reporting by Jeslyn Lerh; enhancing by Uttaresh.V)