Marine fuel sales at the UAE’s Fujairah, the world’s third-largest bunker hub, scaled eight-month highs in August, although volumes remained lower from a year-ago period, data showed.
Bunker sales at Fujairah provide a gauge of shipping market sentiment in the Middle East.
August bunker sales, excluding lubricants, were at 677,503 cubic metres, or about 671,000 metric tons, up 2.7% month-on-month but down 6.3% from the same month…