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Container Shipping Earnings Now Rival Apple It s Not a Good Look

China challenges Singapore s market grip

Singapore – also the world’s biggest ship refuelling hub – sold about 50 million tonnes of bunker fuels last year, or a fifth of the global total. Industry consultant OilChem estimates China’s sales rose for a fifth straight year to 16.9 million tonnes. SINGAPORE: Singapore is facing the greatest competition yet to its status as the dominant marine fuel supplier in Asia, with China luring more ships to its shores following a rapid expansion of its port and refining facilities. China’s marine fuel sales – known in the industry as bunkering – have almost doubled over the past five years and the nation is banking on attracting ships that travel to nearby ports in major economies such as South Korea and Japan.

Singapore s grip on $41 billion oil market challenged by China

The Straits Times China s marine fuel sales have almost doubled over the past five years.ST PHOTO: KUA CHEE SIONG Updated2 hours ago https://str.sg/33A9 They can read the article in full after signing up for a free account. Share link: Or share via: Sign up or log in to read this article in full Sign up All done! This article is now fully available for you Read now Get unlimited access to all stories at $0.99/month for the first 3 months. Get unlimited access to all stories at $0.99/month for the first 3 months. including the ST News Tablet worth $398.

Singapore s Grip on $30 Billion Oil Market Challenged by China

Singapore s Grip on $30 Billion Oil Market Challenged by China
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Container Shipping: Who wants to be a (multi) billionaire? | Hellenic Shipping News Worldwide

Container Shipping: Who wants to be a (multi) billionaire? | Hellenic Shipping News Worldwide
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