The Suez Canal logjam since the week starting March 21, caused by the Ever Given cargo vessel, could potentially increase bunker fuel demand in Singapore as more ships will likely divert around the Cape of Good Hope, making the city-port a feasible refueling destination, given the longer journey, reports S&P Global.
The blockage is no moreThe Ever Given, an about 20,000 twenty-foot equivalent units container ship chartered by Taiwan’s Evergreen Marine, ran aground in the Suez Canal at about...
https://mfame.guru/suez-canal-blockage-may-help-increase-bunker-fuel-demand-in-singapore/