SINGAPORE - Sales of bunker fuel softened at the United Arab Emirates' Fujairah port in the first half of 2025, falling 5% from the same period in 2024, data from the Fujairah Oil Industry Zone (FOIZ) showed.

The emirate of Fujairah, located on the east coast of the UAE near the entrance to the Strait of Hormuz, is a major bunkering port in the region and a key refuelling point for tankers taking crude on long voyages out of the Gulf.

Bunker volumes from January-June this year totalled 3.7 million cubic metres (about 3.6 million metric tons), compared with 3.9 million cubic metres in the same period last year, based on FOIZ data published by S&P Global Commodity Insights.

Sales in June declined to a four-month low of 563,000 cubic metres, down 8% from May.

Ships were operating more cautiously in the Gulf last month after tensions between Iran and Israel flared, before a ceasefire was reached.

Some traders had expected bunker volumes to taper off slightly. While most ships continued to transit the Strait of Hormuz last month, they tried to minimise time spent in the region due to safety concerns.

However, prior to the recent round of geopolitical tensions, refuelling demand was already tepid for most of this year, some Dubai-based trading sources noted.

Bunker price differentials to benchmark quotes stayed weak for both low-sulphur and high-sulphur bunker grades this year, sources said. Volumes for both grades also dropped year-on-year in the first half, calculations based on FOIZ data showed.

Fujairah bunker sales by month, in cubic metres:

2025

Total bunker sales (minus lubricants)

M-o-M

Y-o-Y

180cst LSFO

380cst LSFO

MGO

LSMGO

380cst HSFO

Lubricants

Jan

628,663

3.7%

-6.8%

2,141

403,717

79

37,635

185,091

4,351

Feb

554,117

-11.9%

-12.5%

702

382,303

341

28,176

142,595

4,183

Mar

639,811

15.5%

-8.7%

1,195

432,560

128

37,788

168,140

4,991

Apr

669,378

4.6%

4.8%

885

443,509

307

35,289

189,388

5,296

May

614,296

-8.2%

-0.2%

9,972

407,208

662

31,572

164,882

4,454

Jun *

563,007

-8.3%

-7.8%

7,356

361,332

271

33,942

160,106

4,054

Data source: Fujairah Oil Industry Zone data published by S&P Global Commodity Insights

(1 cubic metre = 6.29 barrels)

(1 metric ton = 6.35 barrels for fuel oil)

(Reporting by Jeslyn Lerh; Editing by Jamie Freed)