Singapore bunker demand rises 13% in March on higher vessel activity: CAS

Singapore’s bunker fuel demand grew by double digits year over year in March, according to S&P Global Commodities at Sea data April 6, as more shipping companies turned to the world’s largest marine refueling hub amid disruption in the Middle East. Total bunker sales in March were estimated to be 4.99 million metric tons, up 12.6% year over year, according to CAS figures. Sales were also 8.2%Singapore’s bunker fuel demand grew by double digits year over year in March, according to S&P Global Commodities at Sea data April 6, as more shipping companies turned to the world’s largest marine refueling hub amid disruption in the Middle East. Total bunker sales in March were estimated to be 4.99 million metric tons, up 12.6% year over year, according to CAS figures. Sales were also 8.2%Read More