EMEA News
OMTI Begins Fujairah VLSFO Supply
Oil Marketing Trading International (OMTI) has begun supplying IMO2020 grade bunkers in Fujairah.
The move follows what the company says is a significant uptick in demand for the 0.50% material.
"We used to receive enquiries for around 4,000 t/month. But since last week, we are getting enquiries for the same volume daily," Argus Media quoted a spokesperson for the company as saying.
OMTI joins the raft of suppliers this week announcing they have begun VLSFO supply ahead of the new 0.50%S sulfur cap on marine fuel.
Among those are ExxonMobil, who have begin supply in ARA and Singapore, Monjasa, who have made their first 0.50%S supply in Colombia, Stonewin who this week said its supply operations were taking shape in Mauritius, and Petrol Ofisi in Turkey.
