Keeping up with the neighbours as Singapore looks to IMO 2020
The long-held conventional wisdom that Singapore rose to its prime position as the world's top bunkering centre because of certain factors and the lack of ability of its neighbours may not hold as true as it once did. The unknown dynamics of the post-2020 bunker shipping industry could well turn the established order on its head
Singapore’s financial and support infrastructure for the bunkering industry is relatively more developed than its competitors’ but subtle shifts in trade patterns or arbitrage trading opportunities could change things