SINGAPORE: The 380-cst high sulphur fuel oil (HSFO) market in Asia inched higher this week as cargo loading delays from Fujairah to the East of Suez posed temporary supply constraints.
No fuel oil was loaded from Fujairah to Singapore and Malaysia after July 24, showed Refinitiv ship-tracking data as of Thursday.
Shipping operations at Fujairah are still struggling to ramp up after weather disruptions in the previous week, traders said this…