
Singapore Marine Fuel Prices Surge Amid Tight Supply and High Demand
Spot premiums for 380-cst high-sulphur marine fuel in Singapore have spiked, causing high refuelling costs for vessels. Delivery dates in early October are seeing premiums over $60 per metric ton, the highest in 2024. Despite easing benchmarks, bunkering premiums remain strong. Demand for high-sulphur fuel is steady, impacting prices in the region.