Asia/Pacific News
Singapore Monthly Bunker Sales Up 7% Year on Year
Monday March 31, 2014
Bunker sales in Singapore for February 2014 were up 7 percent year on year to 3,277,400 metric tonnes (mt) for all products, according to official data from Maritime and Port Authority of Singapore (MPA).
The sales volume increase came despite a slight dip in vessel calls for bunkers, down to 2891 from 2980 in February 2013, although vessel calls overall for the month were up from 10,363 to 10,679 in 2014.
Sales of all key grades at the port were up year on year, with Singapore's most popular grade, IFO380, up 7 percent to 2.522 million mt.
Sales of 500 cSt product dipped below 600,000 mt for the first time since March 2013, but were nevertheless up 7 percent year on year to 524,100 mt.