As Houthi terrorist targeting of ships continues and vessels avoid Red Sea transits, sales of bunker fuel in Singapore, the world’s largest bunkering fuel port, have increased to all-time highs. This indicates increased global consumption as cargo ships, tankers, and other vessels take longer routes to avoid the Red Sea, reports the U.S. Energy Information Administration.
Many of the new routes involve rounding Africa’s Cape of Good Hope, which can add several thousand miles and two to three...
https://www.marinelog.com/news/red-sea-diversions-send-singapore-bunker-sales-soaring/