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Refined Products, Diesel-Gasoil, Fuel Oil
April 15, 2025
By Claudia Carpenter and Nicholson Lim
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 2025 | Feb 2025 | MOM | March 2024 | YOY | |
LSFO 180 CST | 1,195 | 702 | 70.2% | 924 | 29.3% |
LSFO 380 CST | 432,560 | 382,303 | 13.1% | 463,245 | -6.6% |
Marine fuel oil 380CST | 168,140 | 142,595 | 17.9% | 198,273 | -15.2% |
Marine gasoil | 128 | 341 | -62.5% | 321 | -60.1% |
Low sulfur marine gasoil | 37,788 | 28,176 | 34.1% | 38,155 | -1.0% |
Lubricants | 4,991 | 4,183 | 19.3% | 5,171 | -3.5% |
Total | 644,802 | 558,300 | 15.5% | 706,089 | -8.7% |
Unit: cubic meters | |||||
LSFO proportions | 67.3% | 68.6% | 65.7% | ||
HSFO proportions | 26.1% | 25.5% | 28.1% | ||
LSMGO proportions | 5.9% | 5.0% | 5.4% | ||
Total sales (bbl) | 4,055,684.48 | 3,511,603.01 | 4,441,168.29 | ||
Total sales (mt) | 638,690.47 | 553,008.35 | 699,396.58 |
Source: Port of Fujairah.