UAE's Fujairah marine bunker sales climb to 5-month high
SINGAPORE, Sept 18 (Reuters) -Marine bunker sales at the United Arab Emirates' Fujairah port increased to a five-month high in August, latest data showed, reflecting steady-to-firm demand for ship refuelling at the world's third-largest bunkering port.
Sales volumes at Fujairah, excluding lubricants, totalled 656,034 cubic metres (about 650,000 metric tons) in August, showed Fujairah Oil Industry Zone (FOIZ) data published by S&P Global Commodity Insights.
The sales rose 5.5% from July, but fell 3.2% compared to August last year.
Low-sulphur bunker sales climbed 5.6% from July to 469,032 cubic metres in August, including both residual fuels and marine gasoils, while high-sulphur fuel sales gained 5.4% at 187,002 cubic metres.
The market share of low-sulphur bunkers and high-sulphur bunkers were stable month-on-month at 71% and 29%, respectively.
Fujairah bunker sales by month, in cubic metres, excluding lubricants:
Month | Total Sales | M-o-M | Y-o-Y |
Jan-24 | 674,632 | 2.4% | 6.6% |
Feb-24 | 633,436 | -6.1% | 10.7% |
Mar-24 | 700,918 | 10.7% | 25.2% |
Apr-24 | 638,960 | -8.8% | 7.1% |
May-24 | 615,462 | -3.7% | -0.8% |
Jun-24 | 610,765 | -0.8% | 0.9% |
Jul-24 | 621,679 | 1.8% | -5.7% |
Aug-24 * | 656,034 | 5.5% | -3.2% |
Monthly bunker sales by grade, in cubic metres:
Month | 180cst LSFO | 380cst LSFO | 380cst HSFO | MGO | LSMGO | Lubricants |
Jan-24 | 341 | 436,604 | 207,124 | 122 | 30,441 | 4,372 |
Feb-24 | 1,000 | 407,799 | 192,753 | 210 | 31,674 | 4,420 |
Mar-24 | 924 | 463,245 | 198,273 | 321 | 38,155 | 5,171 |
Apr-24 | 742 | 434,918 | 171,841 | 634 | 30,825 | 3,734 |
May-24 | 464 | 422,659 | 163,893 | 61 | 28,385 | 4,592 |
Jun-24 | 1,088 | 428,138 | 149,951 | 216 | 31,372 | 4,792 |
Jul-24 | 1,411 | 411,366 | 177,349 | 241 | 31,312 | 4,204 |
Aug-24 * | 845 | 432,003 | 187,002 | 227 | 35,957 | 4,450 |
Data source: Fujairah Oil Industry Zone data published by S&P Global Commodity Insights
(1 cubic metre = 6.29 barrels)
(1 metric ton = 6.35 barrels for fuel oil)
Reporting by Jeslyn Lerh; Editing by Subhranshu Sahu
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