Fujairah bunker sales rose by 2% in January

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

Monthly Fujairah bunker sales since January 2021

Changes in Fujairah bunker fuel sales from December to January:

• Total sales up by 2% to 664,000 mt
• VLSFO sales down by 5% to 433,000 mt
• HSFO sales up by 24% to 205,000 mt
• LSMGO sales steady at 26,000 mt

HSFO sales surged by 39,000 mt to 205,000 mt in January, reaching their highest level in three years. Around 6,600 mt/day of HSFO was sold in January, significantly up from about 5,000 mt/day sold in December.

On the other hand, sales of the most sought-after product, VLSFO, fell by 5%. LSMGO sales remained steady, with December's sales volume of 26,000 mt.

The port’s total bunker sales for the first month of the year were 6% higher compared to a year earlier in January.

Fujairah bunker sales in January split by fuel grade

Fuel grade share of total sales in January:

• 65% VLSFO 380cst
• 0.05% VLSFO 180cst
• 31% HSFO
• 4% LSMGO
• 0.02% 0.50% MGO

By Tuhin Roy

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