bunker fuel sales Archives - Maritime Shipping News

Singapore’s Bunker Fuel Sales Drops Out In May

15 June 2021

Sales of marine fuels at the port of Singapore totalled 4.07mn t in May, down by around 4pc or 185,000t from April.
But the May sales were 147,000t higher than a year earlier.

According to an article published in Argus Media, Sales of marine fuels at the port of Singapore totalled 4.07mn t in May, down by around 4pc or 185,000t from April, according to preliminary data from Singapore’s Maritime and Port Authority (MPA).

VLSFO Sales

Sales of very low-sulphur fuel oil (VLSFO) reached 2.78mn t in...

https://mfame.guru/singapores-bunker-fuel-sales-drops-out-in-may/

April Bunker Sales Up 7.1% On Month

20 May 2021

Bunker fuel sales at the UAE’s Port of Fujairah in April rose 7.1% month on month, led by gains in low sulfur fuel oil and low sulfur marine gasoil, reports Platts.

Fujairah Oil Industry Zone Data

Total sales rose to 679,338 cu m from 634,045 cu m in March, according to Fujairah Oil Industry Zone data provided exclusively on the S&P Global Platts website. It was the first rise in at least two months.

Singapore, the world’s largest bunkering hub, saw a 1.4% rise in April sales on the month, led by...

https://mfame.guru/april-bunker-sales-up-7-1-on-month/

Global Bunker Fuel To Drop Significantly During COVID-19

17 September 2020

In effect of COVID-19, global bunker fuel to fall in 2020 with range forecasts between -7% to -17%.
Singapore bunker fuel sales, when compared to the same period last year was up 5.3%.
The virus has resulted in overall demand destruction for oil, thereby reducing the price of 0.5% sulfur marine fuels
The price differential between HSFO and VLSFO averaged $298.90/mt in the month of January.
Scrubber installations have also been halted due to several factors.
IMO 2020 Transition forces the...

https://mfame.guru/global-bunker-fuel-to-drop-significantly-during-covid-19/