Trade

Singapore freight operators raise charges as fuel and war-risk costs climb

27 October 2026
2 sources

Singapore’s statistics agency reported higher charges from sea-freight providers and forwarders as fuel prices, route disruption and war-risk costs increased.

Transport and storage companies in Singapore have been charging more for wholesale services after imported crude oil and refined petroleum products became more expensive. Data released by the Singapore Department of Statistics on October 28, 2026, showed higher charges among sea-freight operators and forwarders, while container freight prices had been trending lower before the Middle East conflict.

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