bunkering port

Bunker Market in Singapore Remains Strong, Despite Challenges

  • The world’s largest bunkering port of Singapore has demonstrated its resilience amid tough market conditions emanating largely from the global coronavirus pandemic.
  • Its May bunker sales has been rising year on year, industry sources told S&P Global Platts.
  • Total marine fuel sales in Singapore rose 3.7% year on year to 4.07 million mt in May but fell 4.3% month on month.

A Platts news source by Surabhi Sahu and Nicholson Lim states that Singapore bunker market volumes remain resilient despite...

https://mfame.guru/bunker-market-in-singapore-remains-strong-despite-challenges/

Singapore’s Maritime Industry Comes Out On Top Despite COVID-19 Hurdles

The Port of Singapore has performed well despite the challenges posed by the global coronavirus pandemic, and is on track to achieve its targets around maritime decarbonization while also promoting digitalization and enhancing inter-modal connectivity, Chee Hong Tat, Senior Minister of State, Ministry of Transport and Ministry of Foreign Affairs, said , reports S&P Global.

The world’s largest bunkering port

Singapore retained its position as the world’s largest bunkering port in 2020, recording...

https://mfame.guru/singapores-maritime-industry-comes-out-on-top-despite-covid-19-hurdles/

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