The Suez Canal logjam since the week starting March 21, caused by the Ever Given cargo vessel, could potentially increase bunker fuel demand in Singapore as more ships will likely divert around the Cape of Good Hope, making the city-port a feasible refueling destination, given the longer journey. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now The Ever Given, an about 20,000 twenty-foot equivalent units container ship chartered by Taiwan’s Evergreen Marine, ran aground in the Suez Canal at about 0740 hours local time (0540 GMT) March 23, triggering a major scare in the global commodity markets by blocking a critical transit chokepoint. Over the coming days and weeks, more vessels are expected to have to […]