Abu Dhabi, UAEMonday 27 May 2019

Uniper says Fujairah operations unaffected following attacks

The German company loaded the largest shipment of low sulphur fuel oil from the Middle East to Asia earlier this month

A VLCC or Very Large Crude Carrier docks at the Port of Fujairah. The emirate has one of the world's largest bunkering facilities. Antonie Robertson/The National
A VLCC or Very Large Crude Carrier docks at the Port of Fujairah. The emirate has one of the world's largest bunkering facilities. Antonie Robertson/The National

German energy company Uniper said its operations in Fujairah had not been affected following the sabotage attacks on tankers offshore the emirate on Monday.

"Like everybody in the market we’re waiting to hear what comes out of the authorities and their investigations on what we will be told to implement,” Chris Woods, managing director, Uniper Energy DMCC told reporters in Dubai.

“I expect to continue business as usual, so we have had no impact to our business. We shipped our cargo and straight away we turned around and loaded another 80,000 tonnes [last week],” he added.

On Monday, the UAE and Saudi authorities said tankers off the coast of Fujairah, one of the world’s largest bunkering hubs had come under what they said were “sabotage” attacks. The incidents left two tankers belonging to state-owned Saudi Aramco with significant damage. The authorities have yet to disclose to the actual cause of the attack.

Uniper’s Fujairah plant has an annual production capacity of three million tonnes of low sulphur fuel oil, which contains sulphur content of between 0.1 and 0.5 per cent.

The company said on Tuesday that it had delivered the largest cargo of such fuel from the Middle East to Asia last week. The 154,411-tonne shipment was loaded in the first week of May between 1 and 4 and was currently enroute to Singapore.

Demand for fuel oil with low sulphur content has been on the rise due to the requirements of International Maritime Organisation’s 2020 targets to cap sulphur content in bunker fuel, which is used to power ships.

Updated: May 14, 2019 04:58 PM

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