Tag: Fujairah
Fuel Oil Exports Fall To 18-month Low
Fuel oil exports from Fujairah in the UAE slumped to an 18-month low in May.
It is weighed down by plentiful supplies held...
Marine Fuel Switch on the Rise Ahead of IMO 2020
According to an Argus Media report, demand for 0.5pc sulphur marine fuel oil is building up in most of the world's largest ports, and...
MEE Commences Sale of IMO-Compliant Fuel At Fujairah
According to an article published in Argus Media, Fujairah-based bunkering firm Mediterranean Eastern Enterprise (MEE) has started supplying International Maritime Organisation (IMO) compliant marine...
Fujairah Oil Stocks Witness a Seven Week High on Heavy Distillates
Refined oil product stocks at the Middle Eastern hub of Fujairah climbed 7.1% in the week, led by gains in heavy distillates and residues...
Fujairah Heavy Distillate Falls Amid Tight Supply
Stocks of heavy distillates and residues at Fujairah fell 11% to 10.34 million barrels due to tight supply.
The outflow for Persian Gulf...
2020 Decree Creates Singapore-Fujairah LSFO Arbitrage
According to several market participants, the fuel oil market has started to see International Maritime Organization-compliant marine fuel being shipped from Singapore to Fujairah,...
Fujairah Bunker Demand Strengthens As Singapore Proceeds Towards New Record
Fujairah-delivered 380 CST bunker premiums over the Mean of Platts Arab Gulf 180 CST HSFO assessments averaged $21/mt so far in August.
Singapore-delivered...
Doba Secures More Buyers Including Maersk As IMO 2020 Approaches
In a major development, Chad's heavy sweet Doba crude has attracted new buyers looking to produce 0.5pc sulphur marine fuels ahead of new regulations,...
Trade Sources Say War Risk Premiums Driving Singapore and Asia Fuel...
According to a Reuters report, shippers are trying to minimize time in the Middle East after oil tanker attacks pushed up insurance costs are...
IMO Compliant Fuels Receive Berths from Fujairah Bunkering Hub
Ships carrying IMO compliant marine fuels will be allocated four berths by UAE's port of Fujairah.
Berths 3A, 3B, 3E and 3W will...