Refined Products, Diesel-Gasoil, Fuel Oil

April 15, 2025

FUJAIRAH DATA: Ship fuel sales soar 15% in March from record low in Feb

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HIGHLIGHTS

Total sales 8.7% lower YOY

LSFO, HSFO sales lower YOY

Ship fuel sales at the UAE's Port of Fujairah, the world's third-largest bunkering hub, jumped 15% in March to 644,802 cu m month over month, the highest since August, according to data published April 15.

The sales rose from 558,300 cu m in February, the lowest since the port began sharing data with S&P Global Commodity Insights in 2021.

Total sales fell 8.7% from a year earlier.

All categories except marine gasoil showed gains month over month.

Sales of high sulfur and low sulfur fuel oils, however, were lower year over year. LSFO remained the top seller in March.

UAE's Port of Fujairah ship fuel sales
March 2025Feb 2025MOMMarch 2024YOY
LSFO 180 CST1,19570270.2%92429.3%
LSFO 380 CST432,560382,30313.1%463,245-6.6%
Marine fuel oil 380CST168,140142,59517.9%198,273-15.2%
Marine gasoil128341-62.5%321-60.1%
Low sulfur marine gasoil37,78828,17634.1%38,155-1.0%
Lubricants4,9914,18319.3%5,171-3.5%
Total644,802558,30015.5%706,089-8.7%
Unit: cubic meters
LSFO proportions67.3%68.6%65.7%
HSFO proportions26.1%25.5%28.1%
LSMGO proportions5.9%5.0%5.4%
Total sales (bbl)4,055,684.483,511,603.014,441,168.29
Total sales (mt)638,690.47553,008.35699,396.58

Source: Port of Fujairah.


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