Singapore VLSFO back above $1,000 for first time since March

The cost of fuelling ships has climbed back above $1,000 a tonne in Singapore for the first time since March, as the prolonged Iran conflict continues to drive up bunker bills across the global merchant fleet. Data from Ship & Bunker show very low sulphur fuel oil (VLSFO) broke through the $1,000 threshold on October 20.