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Sales of marine fuel in S'pore up as lower prices draw more ships
Sales rise 10% in July from month earlier, with number of vessels calling to refuel up 8.2%
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Sales of marine fuel in Singapore jumped in July due to lower oil prices which attracted more ships to refuel here.
Sales rose last month to 4.12 million tonnes, almost 10 per cent higher than in June, industry sources and government data showed. The number of vessels calling specifically to refuel in Singapore, the world's largest bunkering hub, rose to 3,181 in July. This was 8.2 per cent higher than in June, but lower than 3,294 in July last year, data released over the weekend by the Maritime and Port Authority of Singapore showed.
