Singapore Sets More Bunker Sales Records

Tuesday March 15, 2016

Singapore has continued its recent run of setting new bunker sales records, with the latest preliminary data from the Maritime and Port Authority of Singapore (MPA) indicating February bunker sales for all products totalled 3,510,000 metric tonnes (mt), the best ever for a February.

This beat the previous record for a February - 3,396,000 mt set in 2015.

Last month saw 3,273 calls for bunkers, also a record number for a February, up from the previous record of 3,005 calls for bunkers in February 2015.

As always, IFO380 was the most popular product for the month with sales of 2,635.100 mt, accounting for 75.1 percent of the February 2015 total.

664,700 mt of 500 cSt product was sold during the month, accounting for 18.9 percent of the total.

The news follows a bunker record packed 2015, which Singapore last month rounded out with news it had smashed its annual bunker sales record with total sales of over 45 million mt for all products last year.

The world's biggest bunkering port certainly looks to be building on that momentum; it has now sold a total of 7,674,500 mt of bunkers in the first two months of 2016, 8 percent more than the 7,076,100 mt sold during the first two record breaking months in 2015.