<\/p>\n
Singapore’s marine bunker fuel sales in July climbed to their highest in more than one and a half years, official data showed on Thursday.<\/p>\n
Sales at the world’s largest refuelling hub for ships totalled 4.92 million metric tons in July this year, up 7.0% month-on-month and 5.7% year-on-year, data from Singapore’s Maritime and Port Authority (MPA) showed.<\/p>\n
More sales emerged as monthly container throughput hit its highest in the year at 3.87 million twenty-foot equivalent units (TEUs), based on MPA data. Vessel calls for bunkering rose 7.3% from June to 3,651 calls in July. \u00a0<\/p>\n
Market sources noted stable-to-slightly-better demand in July, though bunker premiums have remained pressured due to plentiful supplies, they added. \u00a0<\/p>\n
Sales of the mainstay 0.5% low-sulphur fuel oil (VLSFO) grade rose 2.6% from June to 2.37 million tons in June, while high-sulphur marine fuel (MFO) volumes jumped 15.3% to 1.96 million tons, MPA data showed.<\/p>\n
Total marine gasoil sales posted a sharp uptick, climbing 42.1% to 419,900 tons for July, a record monthly high this year.<\/p>\n
Meanwhile, sales of alternative fuels retreated after reaching a historical high in June. Total biofuel-blended volumes fell 23.1% to 120,100 tons in July, while liquefied natural gas bunker sales slid 25.0% to 41,500 tons.<\/p>\n
<\/p>\n
(Data from Maritime and Port Authority of Singapore)<\/p>\n
(Figures are based on latest available data and may be subject to revision at a later date, based on the MPA)<\/p>\n
(Reuters)<\/p>\n<\/p><\/div>\n
maritime professional<\/p>\n","protected":false},"excerpt":{"rendered":"
Singapore’s marine bunker fuel sales in July climbed to their highest in more than one and a half years, official data showed on Thursday. Sales at the world’s largest refuelling hub for ships totalled 4.92 million metric tons in July this year, up 7.0% month-on-month and 5.7% year-on-year, data from Singapore’s Maritime and Port Authority …<\/p>\n","protected":false},"author":1,"featured_media":65769,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[64],"tags":[],"class_list":["post-65768","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-maritime-news"],"_links":{"self":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/65768","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/comments?post=65768"}],"version-history":[{"count":0,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/65768\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media\/65769"}],"wp:attachment":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media?parent=65768"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/categories?post=65768"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/tags?post=65768"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}