Singapore will need to transition to low-carbon bunkering if it wants to remain an important bunkering port and halt further investment in fossil fuel bunkering infrastructure.
Right now, there are around 50,000 merchant vessels out at sea, or docked at a quay somewhere. Ordinarily, their work keeps the entire global economy moving but it’s been a very turbulent few days for the shipping market. The Russian invasion of Ukraine is causing major disruptions for the industry, with many vessels stuck in .