Total bunkering volumes, excluding lubricants, were at 633,023 cubic metres (about 627,000 tonnes) in January, based on data from the Fujairah Oil Industry Zone published by industry information service S&P Global Commodity Insights. Slight delays in cargo loadings slowed bunkering activity, while demand was also softer as some shippers have covered their buying requirements before the New Year vacations, a Fujairah bunker trader said.
January sales fell 9% month-on-month, while the market share of low-sulphur bunker fuel volumes contracted by 1% to 76% in January, calculations based on the data showed.
Total sales of low-sulphur fuel oil and marine gasoil fell 10% month-on-month to 481,986 cubic meters (about 477,000 tonnes) in January.
Meanwhile, 380-cst high-sulphur bunker fuel sales were 5% lower at 151,055
cubic meters (about 150,000 tonnes).
Fujairah bunker sales by month in cubic metres, excluding lubricants:
Month TOTAL SALES M-o-M Y-o-Y
Jan-22 646,089 -7.4% -4.3%
Feb-22 612,388 -5.2% -3.0%
Mar-22 691,141 12.9% 9.9%
Apr-22 664,870 -3.8% -1.4%
May-22 745,064 12.1% 11.6%
Jun-22 647,184 -13.1% -2.8%
Jul-22 665,128 2.8% -3.0%
Aug-22 723,418 8.8% 2.9%
Sep-22 667,878 -7.7% 5.0%
Oct-22 655,126 -1.9% -15.6%
Nov-22 636,688 -2.8% -13.1%
Dec-22 694,390 9.1% -0.5%
Jan-23* 633,023 -8.8% -2.0%
Monthly bunker sales by grade in cubic metres:
Month 180cst LSFO 380cst LSFO 380cst HSFO MGO LSMGO Lubricants
Jan-22 288 497,670 119,747 1,215 27,169 5,341
Feb-22 150 462,035 125,389 1,395 23,419 5,234
Mar-22 369 527,677 129,293 1,096 32,706 5,469
Apr-22 1,084 512,565 116,621 1,873 32,727 5,193
May-22 453 555,151 154,721 1,087 33,652 5,713
Jun-22 372 482,926 132,690 1,287 29,909 5,036
Jul-22 262 518,374 112,223 1,032 33,237 4,864
Aug-22 528 549,205 142,548 1,607 29,530 4,869
Sep-22 589 508,277 128,515 1,210 29,287 5,269
Oct-22 984 481,052 141,780 1,164 30,146 4,269
Nov-22 1,594 476,746 129,528 903 27,917 3,904
Dec-22 1,494 500,082 159,566 899 32,349 4,715
Jan-23* 300 453,703 151,055 796 27,169 4,039
(Data from the Fujairah Oil Industry Zone published by S&P Global Commodity
Insights)
(Reporting by Jeslyn Lerh; Editing by Rashmi Aich)
