[Manthink]

....
He added: "Many ships resorted to bunkering in other regional ports like Zhoushan in China, where bunker prices for low-sulphur marine fuels were being offered at a discount to Singapore for most of the month."

The Chinese years ago predicted SG port will become less competitive since our trade is heavily reliant on USD....which the Yanks had been printing like crazy after their 2007/8 financial crisis...

https://www.reuters.com/article/us-china...SKBN1OB2XO