Recently, marine bunker fuel sales at Fujairah port in the UAE experienced a decline to five-month lows, reaching 610,498 cubic meters, as reported by Fujairah Oil Industry Zone (FOIZ) data. The ongoing attacks on ships in the Red Sea by Houthi militants contribute to a cautious shipping sentiment in the Middle East.
Regional Caution Amidst AttacksRecent assaults in the Red Sea have prompted major shipping companies, including MSC and A.P. Moller-Maersk, to avoid the Suez Canal. The ripple...
https://mfame.guru/fujairahs-bunker-sales-hit-five-month-lows/