bunker sales

Singapore Bunker Sales Rise And Vessel Calls Reach Two-year Highs

Credits: Zbynek Burival/Unsplash

Singapore bunker sales rebound in March; vessel calls hit more than two-year highs, states a Reuters news report.

Sales of marine fuel

Sales of marine fuel, also known as bunker fuel, recovered at top refuelling hub Singapore in March as vessel calls for bunkering reached more than two-year highs, official data showed Friday.

Bunker sales are an indicator of sentiment at one of the world’s most major ports and demand also affects fuel oil refining margins in...

https://mfame.guru/singapore-bunker-sales-rise-and-vessel-calls-reach-two-year-highs/

Zhoushan Bunkering Volume Up 9.1% on Year To 6.02 Million Mt in 2022

Credit: Shaah Shahidh/Unsplash

Bunker sales volume at the port of Zhoushan, Zhejiang in China increased 9.1% on year to reach 6.02 million metric tonnes (mt) in 2022, according to Chinese media Zhejiang Online, says an article published on Manifold Times.

Bonded fuel bunkering centers

“Zhoushan continues to lead the development of bonded fuel bunkering centers in Northeast Asia, which has become the region with the largest bonded oil supply volume, fastest growth rate, most active competition, and...

https://mfame.guru/zhoushan-bunkering-volume-up-9-1-on-year-to-6-02-million-mt-in-2022/

Fujairah Bunker Sales Declines In March

  • Singapore bunker sales rise despite crude gains.
  • Temporary outage at Uniper Energy refinery.
  • Marine gasoil bunker sales led decline.

Bunker fuel sales at the UAE’s Port of Fujairah in March fell 0.6% on the month as crude oil got more expensive and supplies were crimped by a surprise temporary refinery outage, says an article published in S&P Global Platts.

Sales Drop out

Total sales fell to 634,045 cu m from 637,585 cu m in February, according to April 20 data from the Fujairah Oil Industry...

https://mfame.guru/fujairah-bunker-sales-declines-in-march/

Top Bunker Suppliers Feels the Heat, As Market Collapses

  • Russian energy producer Gazprom Neft saw its bunker sales drop by 40.8% last year as the market was hit by the combined effect of IMO 2020 and the COVID-19 pandemic.
  • The company sold a total of 1.77 million mt of bunker fuel in 2020, according to its annual results, down from 2.99 million mt the previous year.
  • Its bunker sales at Russian ports sank by 44.9% to 1.47 million mt, while sales in other countries slipped by 6.3% to 300,000 mt.

A recent news article published in the Ship and Bunker...

https://mfame.guru/top-bunker-suppliers-feels-the-heat-as-market-collapses/

Scorpio Bulkers Announces Its $22.25m Vessel Sale Deal

Scorpio Bulkers Inc. has announces the sale of a Kamsarmax vessel, says a press release published in their website.

Sale of vessel

Scorpio Bulkers Inc. (NYSE: SALT) (the “Company”) announced that the company has entered into an agreement with an unaffiliated third party to sell the SBI Lynx, a Kamsarmax bulk carrier built in 2018.

Value & delivery

The sale value is approximately $22.25 million. Delivery of the vessel is expected to take place in the first quarter of 2021.

Did you subscribe to our...

https://mfame.guru/scorpio-bulkers-announces-its-22-25m-vessel-sale-deal/

Bunker Sales in Panama Fell About 19.2% in November 2020

According to Panama Maritime Authority (PMA), bunker sales in Panama fell by about 19.2% on year in November 2020, says an article published in Manifold Times.

Fall in bunker sales

Following several months of continued growth, bunker sales in Panama fell sharply in November 2020.

According to the latest data from La Autoridad Marítima de Panamá, also known as the Panama Maritime Authority (PMA), Bunker sales at Panama fell by about 19.2% in November 2020.

Total bunker sales

Total bunker sales at...

https://mfame.guru/bunker-sales-in-panama-fell-about-19-2-in-november-2020/

Bunker Sales in Singapore Steady Despite Tough Market

  • Singapore’s bunker sales are expected to remain steady to slightly higher throughout 2020 on a year-on-year basis.
  • This is despite expectations of dwindling global demand for bunker fuels as the coronavirus pandemic continues to dent demand for many commodities, including marine fuel.
  • Total marine fuel sales in Singapore, the world’s largest bunkering port, rose 5.6% year on year to 37.13 million mt over January-September.

Singapore bunker sales remain resilient despite strong headwinds, says...

https://mfame.guru/bunker-sales-in-singapore-steady-despite-tough-market/

Bunker Sales Up By 7.9% in Q3 While LNG Dropped By 12.6%

  • Bunker fuel sales at Rotterdam increased by 7.9%.
  • Petroleum sales rose by 1.8% from Q2 and by 7.9% from the Q3 2019.
  • HSFO took up a 33.1% share of fuel oil sales in the third quarter, up from 30.6% in the second quarter.
  • LNG bunker fuel sales reached 48,623 mt, down by 12.6% since the second quarter.

Bunker fuel sales at Rotterdam, jumped by 7.9% in the third quarter from a year earlier, reports Ship & Bunker.

Bunker fuel sales at Rotterdam

Bunker fuel sales at Rotterdam, the world’s...

https://mfame.guru/bunker-sales-up-by-7-9-in-q3-while-lng-dropped-by-12-6/

Singapore Bunkering Demand Up By 13.6 %, Despite Poor Global Market

  • Singapore advanced by 13.6% on the year in August.
  • The performance will no doubt be seen as yet another confirmation of Singapore’s status as the world’s key bunker hub.
  • Singapore’s annual total up to the end of August is also now 5.3% higher than the same period of 2019.

Singapore Bunker Demand Jumped by 13.6% on Year in August, reports Ship and Bunker.

Singapore fares better in bunker sale

While many global markets are reporting falling bunker demand, sales in Singapore advanced by 13.6% on...

https://mfame.guru/singapore-bunkering-demand-up-by-13-6-despite-poor-global-market/

Bunker Sales Decline As Cargo Ship Port Calls at 27 Year Low!

According to a Reuters report, cargo ship arrivals in Singapore, the world’s top transhipment and bunkering hub, plummeted to their lowest in nearly three decades in May, while dragging sales of marine fuels to a three-month low, official data showed.

Lesser Cargo Ships

As the coronavirus pandemic hit global trade, the number of cargo ships calling at the world’s top transhipment port fell in May to 3,059, the lowest since at least January 1993, the oldest available figure, data from the Maritime...

https://mfame.guru/bunker-sales-decline-as-cargo-ship-port-calls-at-27-year-low/

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