The re-routing of ships around Africa to avoid Houthi militia attacks in the Red Sea has led to significant changes in refueling patterns. Ships are diverting to ports such as Mauritius, South Africa, and the Canary Islands, causing congestion and boosting demand for bunker fuel. Singapore and Rotterdam are expected to witness increased fueling as vessels hedge against route uncertainties. Attacks in the Red Sea, targeting a vital shipping route, have prompted rerouting, adding travel time and impacting bunker fuel prices globally.

SOURCE:HELLENIC SHIPPING NEWS