Fujairah Bunker Sales Lost 17.9% in 2020: Glander
by Ship & Bunker News Team
Tuesday January 26, 2021 Marine fuel supplier
Fujairah market shrank by
575,000 mt/month last year, or 6.9 million mt/year,
Sean Burgin, senior purchaser at Glander, said in a presentation at
Petrospot s That compares with
8.4 million mt for the year as a whole. But improving bunker supply in the region may improve the situation for the port, Burgin said. A third refinery in Fujairah came online in 2020, and a fourth is due to open in
2021, taking local VLSFO supply to more than
600,000 mt/month, he said. Diplomatic breakthroughs in the Middle East may also benefit Fujairah this year. Local market sources told