Bunker companies were hit by dual-shock in Singapore

The outbreak of coronavirus and problems at several commodity traders in Singapore have shaken up the bunker market. There are trends reminiscent of OW Bunker, Dan-Bunkering senior vice president tells ShippingWatch.

Photo: Edgar Su/Reuters/Ritzau Scanpix

The coronavirus and a series of scandals among Singapore-based commodity traders has put pressure on the international bunker market.

The pandemic has been particularly tough on cruise ships, car carriers and offshore vessels, which has caused a dip in fuel sales.

Read the whole article

Get 14 days free access.
No credit card required.

An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Further reading

Related articles

Trial banner

Latest news

See all jobs