Singapore unfazed by China’s bunker ambition
China’s intention to expand its share of bunker volume has spurred speculation that the Port of Zhoushan will take volumes from Singapore, but it will take more than price cuts to lure ships from the Lion City’s dominant bunker hub
Analysts say that rather than chipping away at Singapore’s volume, the Port of Zhoushan is taking in vessels that used to bunker elsewhere in Northeast Asia
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