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Singapore March marine fuel sales, refuelling traffic climb to 2-month high

Sales of marine fuels in Singapore, Asia’s biggest ship fuelling port, climbed to a two-month high of 4.091 million tonnes in March, up 4.4 percent from February but down 2 percent from a year earlier, data from the Maritime and Port Authority of Singapore (MPA) showed on Monday.

The number of ships that called at Singapore for refuelling, also called bunkering, climbed to a two-month high of 3,320 ships in March, up from a six-month low of 3,180 ships in previous month, the data showed.

Sluggish demand dragged Singapore bunker fuel sales to a three-year low of 3.78 million tonnes in February.
Source: Reuters

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