Fujairah VLSFO availability improves while HSFO and LSMGO stay limited
What it means for buyers
VLSFO stems in Fujairah look easier to fix, but HSFO and gasoil buyers there should still plan ahead.
Engine's East of Suez update for 9 November says VLSFO availability in Fujairah has got better, according to a regional source. This comes even though ship traffic through the Strait of Hormuz is still disrupted by US-Iran tensions. HSFO and LSMGO in the port are still in limited supply.
Prices moved down at the UAE hub over the weekend. Fujairah HSFO fell the most of the three big Asian bunker ports, and VLSFO there fell by less. As a result the gap between VLSFO and HSFO in Fujairah widened and is now larger than in Singapore or Zhoushan. For ships with scrubbers, that means a bigger saving from burning HSFO there, if the grade can be found.
In Zhoushan, VLSFO and LSMGO prices dropped, but VLSFO and HSFO availability is still tight there despite quiet demand.
For buyers, this means:
- Fujairah VLSFO enquiries should be easier to cover than in recent weeks.
- For HSFO or LSMGO in Fujairah, check availability early and keep dates flexible.
- In Zhoushan, allow extra notice for VLSFO and HSFO stems.
Sources
- Engine engine.online
Roadstead is a bunker broker. We arrange supply through suppliers we have checked and do not run our own barges.
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