Sales of marine fuels in Singapore, Asia’s biggest ship fuelling port, fell 9.5 percent in November from a year earlier to a 17-month low of 3.906 million tonnes, data from the Maritime and Port Authority of Singapore (MPA) showed on Thursday.
The November volume was 5.3 percent lower than October when 4.125 million tonnes were sold.
The number of ships that called in November at Singapore for refuelling, also called bunkering, fell 2.5 percent from October to a three-month low of 3,255 ships. Compared to year-ago levels, however, bunkering calls in Singapore in November were up 1.6 percent.
Huge Opportunities For Investment in Maritime Sector: Nitin Gadkari
India Tanker Shipping & Trade Summit 2019