EMEA News
Fujairah April Bunker Volumes Jump to One-Year High
Bunker sales at the Middle Eastern hub of Fujairah jumped to the highest level in more than a year last month.
Fujairah's total sales excluding lubricants totaled 669,378 m3 in April, according to the latest data from the Fujairah Oil Industry Zone and S&P Global Commodity Insights. The total was up by 4.8% on the year, by 4.6% from March's level and the most since March 2024.
Q1's total for Fujairah was 1.82 million mt, the least sine Q2 2023.
Singapore, the world's largest bunkering hub, saw total sales climb by 3.9% on the year but fall by 1.5% from March's level last month.
180 CST VLSFO sales in Fujairah gained 19.3% on the year to 885 m3 in April. 380 CST VLSFO rose by 2.0% to 443,509 m3, 380 CST HSFO gained 10.2% to 189,388 m3, MGO sank by 51.6% to 307 m3 and LSMGO gained 14.5% to 35,289 m3.
HSFO took up 28.3% of the total, up from 26.9% a year earlier.
Fujairah's average VLSFO price in April was $496/mt, $516.50/mt, down by 4.0% on the month and by 23.6% on the year.
Singapore's average VLSFO price in April was $501/mt, down by 3.1% from March's level and by 22.8% from the level seen a year earlier.
Ship & Bunker's G20-VLSFO Index of average prices across 20 leading bunkering ports lost 4.5% on the month and 20.8% on the year to $529.50/mt in April.