Singapore’s Nov Bunker Fuel Sales Rise 4% to 4.08 mil mt

Singapore’s bunker fuel sales in November rose 4% on the year to 4.08 million mt, data from Singapore’s Maritime and Port Authority released Friday showed.

Firm demand for the low sulfur bunker grade had boosted overall sales, with more shippers procuring cleaner fuel ahead of IMO 2020, market sources said.

“The market has changed a lot in Q4, we saw a lot of demand being diverted from 380 CST to 0.5% sulfur bunkers,” a Singapore bunker supplier said.

LSFO 380 CST sales in November rose…

View entirety: Platts