If year-to-date sales were replicated over the rest of 2025, this year's total for Singapore would reach 51.42 million mt, down by 5.6% from 2024's record high.
The firm has appointed Danny Yasosky as chief development officer, Brian Pickering as vice president for operations and marketing and Jonathan DeRosa as managing director of trading and sales.
Vessels with backgrounds from mainland China, Hong Kong and Macau will be required to obtain permission from authorities for direct navigation permits.