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News / Business/ Uniper claims largest LSFO cargo loading operation at Fujairah port

Uniper claims largest LSFO cargo loading operation at Fujairah port

15 May 2019
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Uniper Energy DMCC, a subsidiary of Frankfurt-listed Uniper SE, has reportedly claimed the largest cargo of low sulphur fuel oil (LSFO) at Fujairah port to customers in Asia ahead of the approaching IMO 2020 regulation.

It noted a tanker with 154,411 metric tonnes (mt) of LSFO product currently en route to the Singapore bunker market, and claimed an additional 80,000 mt of avails to be heading for Europe.

“Stakeholders in the bunkering supply chain — refineries, ports, traders, shippers and more — are nearing a cliff of major change that they must adapt to quickly,” Chris Wood, Managing Director of Uniper Energy DMCC, said in a statement.

Uniper Energy owns and operates two crude processing units located at the Port of Fujairah, the world’s second-biggest bunkering hub.

The company’s crude units annually produce more than 3 million tons of ultra low sulphur fuel oil.

Photo credit: Uniper
Published: 15 May, 2019

 

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