Singapore-based diesel supplier Fuel Incorporation Pte Ltd, which serves industrial and logistics customers, has expanded into international oil brokerage and bunkering as part of a push beyond its domestic fuel supply business.
The company said the move will see it participate in the global trading of refined petroleum products, including low-sulphur 10 ppm gasoil (EN590), while building out services linked to marine and offshore fuel supply.
Fuel Incorporation has launched an international brokerage platform connecting verified buyers and sellers of refined oil products, aimed at supporting physical fuel trades across multiple regions. The company said it will rely on existing industry relationships and compliance procedures to manage counterparty risk and transaction security.
Alongside brokerage, the firm is strengthening its involvement in. It said this will allow it to serve customers in the shipping, logistics, infrastructure and energy sectors.
Trade finance is also a key part of the expansion. Fuel Incorporation said it works with banking partners to arrange documentary letters of credit to support international fuel transactions.
“Our expansion into international oil brokerage represents a natural evolution of our business,” a company spokesperson said. “With our operational experience, industry credibility and banking connectivity, we are well positioned to support cross-border fuel transactions with speed, transparency and reliability.”
The company said the strategy marks its transition from a domestic diesel supplier to an international fuel trading and services platform.
