Global energy trading firm, Sing Fuels Pte. Ltd. has announced it is acquiring the assets of independent bunker-buying management service Prime’s Bunkersplus Services L.P (“Prime’s Bunkers”) based in Athens, Greece. Headquartered in Singapore, Sing Fuels currently has operations in Singapore, South Africa, the United Arab Emirates, the United Kingdom, and the United States. The partnership ...
Singapore-based Sing Fuels has acquired Greek firm Prime’s Bunkersplus Services. It is the first step toward establishing an alliance of ”independent” brokers and traders within the bunker industry, says Sing Fuels’ chief executive to ShippingWatch.
Global bunker trader Sing Fuels has eyes set on new geographic forays and diversification of product offerings, as it strengthens its commitment toward the environment while the shipping industry embraces cleaner fuels, top company executives told S&P Global Platts in an interview. The Singapore-headquartered company’s revenues jumped 45% year on year in the financial year ...