Marine fuel sales at the UAE’s Fujairah port slipped for a third straight month in October, led by a decline in high-sulphur bunker volumes, data from Fujairah Oil Industry Zone (FOIZ) showed.

October sales totalled 623,694 cubic metres (about 618,000 metric tons), down 2.4% from September and hitting a four-month low, based on FOIZ data published by S&P Global Commodity Insights.

High-sulphur marine fuel sales retreated after hitting their highest in the year in September, with volumes sliding 14% month-on-month to 197,548 cubic metres in October.

Meanwhile, low-sulphur marine fuel sales including fuel oils and marine gasoils totalled 426,146 cubic metres in October, rising 4.1% from September.

The market share of high-sulphur bunkers contracted to 32% in October, while low-sulphur bunkers widened to 68%.
Source: Reuters