If the Q1 total were to be replicated over the rest of 2024, this year's total for Singapore would reach 55.14 million mt, up by 6.6% from 2023's record high.
The firm has signed an agreement with SyntexNRG Inc to develop and produce renewable methanol at the ports where Bunker Holding has physical supply operations around the world.
The company will sell the 237,000 b/d Pulau Bukom plant to CAPGC Pte Ltd, a joint venture between Chandra Asri Capital Pte Ltd and Glencore Asian Holdings Pte Ltd.