Fujairah bunker sales fell by 9% in April
Lower VLSFO, LSMGO and HSFO sales contributed to drag down Fujairah’s total bunker sales by 9% in April, according to data compiled by Fujairah Oil Industry Zone (FOIZ) and S&P Global Commodity Insights.
Changes in Fujairah bunker fuel sales from March to April:
- Total sales down by 9% to 629,000 mt
- VLSFO sales down by 6% to 432,000 mt
- HSFO sales down by 13% to 170,000 mt
- LSMGO sales down by 19% to 26,000 mt
Sales of the most sought-after product, VLSFO, declined by 28,000 mt to 432,000 mt in April. Around 14,400 mt/day of VLSFO was sold in April, about 400 mt/day less than 14,800 mt/day sold in March.
During the same period, sales of LSMGO fell by 6,000 mt to 26,000 mt, while sales of HSFO dropped by 26,000 mt to 170,000 mt - the lowest since January.
The port’s total bunker sales in the first four months of the year were 12% higher compared to the same period last year.
Fuel grade share of total sales in April (compared to the year to date):
- 69% VLSFO 380cst (66% YTD)
- 0.12% VLSFO 180cst (0.11% YTD)
- 27% HSFO (29% YTD)
- 4% LSMGO (4% YTD)
- 0.09% of 0.50% MGO (0.04% YTD)
By Tuhin Roy
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