Tradewinds: Bunker Boost for S-pore

“Singapore is set to capitalize on the slow development of China’s bunker industry, according to a report by Poten & Partners. The US broker says that China’s bunker sales are slow to catch up with its growing containership traffic. ‘In 2010, Singapore had a containership throughput of 28.4mteu. Containerships calling the port bunkered about 14mt the 38.7mt of IFO sold,’ Poten said.”