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FUJCON: Vitol Sees Strong 2021 Rally in Fujairah Bunker Volumes

FUJCON: Vitol Sees Strong 2021 Rally in Fujairah Bunker Volumes
shipandbunker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from shipandbunker.com Daily Mail and Mail on Sunday newspapers.

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Qatar-Saudi Rapprochement Could Add 2 Million MT/Year to Fujairah Bunker Demand

Qatar-Saudi Rapprochement Could Add 2 Million MT/Year to Fujairah Bunker Demand
by Ship & Bunker News Team
Wednesday January 6, 2021
Fujairah could see a boost of more than
2 million mt/year to its bunker demand levels after a resolution of the
Qatari diplomatic crisis, according to a local market source.
2017, and a resolution could mean it sees stronger growth levels than most other bunker ports in
2021.
Saudi Arabia, the
Bahrain and
Egypt were restored on Tuesday, ending a three-year embargo against Qatar that had seen its ships avoid UAE ports.
The return of
Qatargas ships to Fujairah could add
180,000-220,000 mt/month of bunker demand there, a local market source told Ship & Bunker Tuesday. ....

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Improving Saudi-Qatari Relationship Bodes Well for Fujairah Bunker Market

Improving Saudi-Qatari Relationship Bodes Well for Fujairah Bunker Market
by Ship & Bunker News Team
Monday December 28, 2020
Signs of a rapprochement between
Saudi Arabia and
2020, hinting at the possibility of a sharp recovery in
Fujairah s bunker demand next year.
Earlier this month Saudi Arabia s foreign minister said a resolution to the dispute with Qatar was within reach , according to international media.
No imminent breakthrough is expected, but further efforts towards a resolution are likely to be a high priority in the new year as both countries seek to develop their relationship with the incoming
Biden administration in
Washington.
Fujairah s bunker market was one of the casualties of the diplomatic crisis between the two countries in ....

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