Fujairah Marine Fuel Sales Hit 6-Month Low In May

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  • May bunker volumes at the world’s third largest bunkering port, excluding lubricants, totalled 615,462 cubic metres, hitting the lowest since November.
  • Sales for May dipped 3.7% from April and were down 0.8% from the same month last year, posting its first year-on-year decline and snapping four straight months of annual increases.

Fujairah’s bunker sales have declined for the second consecutive month, reports Engine.

Around 20,000 mt/day of bunkers were sold in May, down from 21,000 mt/day in April.

Sales of VLSFO, the most sought-after product, declined by around 12,000 mt in May. LSMGO and HSFO sales fell by 8% and 5%, respectively.

The Middle Eastern bunker hub’s total bunker sales for the first five months of the year were 9% higher compared to the same period last year.

Changes in Fujairah bunker fuel sales from April to May:

  • Total sales down by 4% to 606,000 mt
  • VLSFO sales down by 3% to 419,000 mt
  • HSFO sales down by 5% to 162,000 mt
  • LSMGO sales down by 8% to 24,000 mt

Fuel grade share of total sales in May (compared to the year to date):

  • 69% VLSFO 380cst (67% YTD)
  • 0.08% VLSFO 180cst (0.11% YTD)
  • 27% HSFO (29% YTD)
  • 4% LSMGO (4% YTD)
  • 0.01% 0.50% MGO (0.04% YTD)

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Source: Engine