Fujairah bunker sales grew by 4% in January

Increased sales of LSMGO and HSFO contributed to lift Fujairah’s total bunker sales higher in January than in December, according to data compiled by Fujairah Oil Industry Zone (FOIZ) and S&P Global Commodity Insights.

Changes in Fujairah bunker fuel sales from December to January:

• Total sales up by 4% to 617,000 mt
• VLSFO sales down by 2% to 400,000 mt
• HSFO sales up by 16% to 183,000 mt
• LSMGO sales up by 20% to 32,000 mt

In January, sales of HSFO and LSMGO increased, with HSFO rising by about 25,000 mt to 183,000 mt, and LSMGO up by around 5,000 mt to 32,000 mt.

However, sales of the most popular product, VLSFO, fell by nearly 8,000 mt, reaching 400,000 mt in January. The average daily VLSFO sales in January were approximately 13,000 mt/day, down from nearly 13,300 mt/day in December.

Overall, the port’s total bunker sales in the first month of the year were 7% lower compared to the same period last year.

Fuel grade share of total sales in January:

• 65% VLSFO 380cst
• 0.34% VLSFO 180cst
• 30% HSFO
• 5% LSMGO
• 0.01% 0.50% MGO

By Tuhin Roy

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