Heightened regional tensions appear to be taking their toll on bunkering operations at the UAE’s Fujairah, until recently the world’s second largest bunkering port. Multiple reports indicate that the latest heightening of tensions in the Strait of Hormuz, especially with six tankers recently attacked in the vicinity of Fujairah (MEES, 14 June). Reuters this week reported that while HSFO at Fujairah until recently traded at around a $10/ton premium to Singapore, it has recently...
Fujairah Bunkering Stuggles
Published on Fri, 19 Jul 2019 - Volume: 62 Issue: 29Print
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