Asia
Another Singapore bunker player faces liquidation
Singapore: The ongoing slimlining of Singapore’s bunker sector continues with news that another supplier is to be liquidated. Onsys Energy has received official winding up papers from the Singapore Supreme Court. The country is the world’s largest bunkering hub, but many smaller players have been squeezed out of the market in the past 18 months as the shipping downturn takes its toll. [10/01/13]