Germany-headquartered marine fuels firm IBT Bunkering & Trading on Wednesday (29 July) announced that it is opening its doors in Singapore and will be running a trading desk in the city-state after trading bunkers out of Hamburg since 1976. With this move, the company now has two strategic trading desks operating in Hamburg and Singapore. “Since 1976, we’ve traded bunkers out of Hamburg. Today, we’re opening our doors in Singapore — the world’s largest bunkering hub and the beating heart of marine fuel in Asia,” the company said in a social media post. “This isn’t a flag on a map. It’s a deliberate move to trade where the fuel flows: two strategic desks across two continents, one global network, covering west and east around the clock. “50 years of bunkering expertise — now with boots on the ground in the Strait of Malacca.” The company added that it will announce its Singapore team soon.   Photo credit: IBT Bunkering & Trading Published: 31 July, 2026