Trafigura and Mercuria have become the latest commodity trading giants to set up shop in Singapore bunker market.
The two commodity trading giants have secured bunker supply licences from the Maritime and Port Authority (MPA) following calls for new applications in last December.
As part of the licences the two bunker companies — Mercuria’s Minerva Bunkering and TFG Marine, which is Trafigura's bunkering joint venture with John Fredriksen — will be required to each operate at least two dual-fuel bunker barges.
