- Marine bunker fuel sales at the United
Arab Emirates’ Fujairah port hit a two-month low in April. - Sales for April dipped 8.8% month-on-month, but were up 7.1% year-on-year.
Lower VLSFO, LSMGO and HSFO sales contributed to drag down Fujairah’s total bunker sales by 9% in April, reports Engine, according to data compiled by Fujairah Oil Industry Zone (FOIZ) and S&P Global Commodity Insights.
Drop in Fujairah total bunker sales
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.
Did you subscribe to our daily Newsletter?
It’s Free! Click here to Subscribe!
Source: Engine
