Lower VLSFO and LSMGO sales contributed to dragging Fujairah’s total bunker sales down by 2% in September, according to data from the Fujairah Oil Industry Zone (FOIZ) and S&P Global Commodity Insights.

Changes in Fujairah bunker fuel sales from August to September:

• Total sales down by 2% to 628,000 mt
• VLSFO sales down by 12% to 368,000 mt
• HSFO sales up by 22% to 228,000 mt
• LSMGO sales down by 3% to 31,000 mt

Fujairah’s bunker sales declined slightly in September, after registering growth in the previous month.

VLSFO sales, the port’s most in-demand fuel grade, dropped sharply by 50,000 mt to 368,000 mt. Average daily VLSFO sales stood at around 12,000 mt in September, down from 13,500 mt in August. LSMGO sales also slipped by about 1,000 mt to 31,000 mt.

In contrast, HSFO sales rose significantly by around 41,000 mt to 228,000 mt, reaching multi-year highs.

Overall, the port’s total bunker sales for the first nine months of the year came to 5.5 million mt, 3% lower than during the same period last year.

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

• 59% VLSFO 380cst (65% YTD)
• 0.16 % VLSFO 180cst (0.46% YTD)
• 36% HSFO (29% YTD)
• 5% LSMGO (5% YTD)
• 0.01% of 0.50% MGO (0.04% YTD)

By Tuhin Roy

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