Media: Singapore's bunker companies looking to expand

At least three bunker suppliers in the world's top bunkering port in Singapore are prepared to expand their operations as the market for ship fuel grows, writes Platts.

Hyundai Merchant Marine
Photo: Hyundai Merchant Marine

Three bunker suppliers in Singapore are looking to grow their profits in light of an overall growing market for bunker supplies, reports Platts.

"The pie is getting bigger. But there's also going to be a redistribution as some players exit or downsize operations," one industry source tells the media.

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