DUBAI and LONDON, Dec. 5, 2022
/PRNewswire/ -- The International Fujairah Bunkering & Fuel
Oil Forum (FUJCON) returns for an in-person,
13th convening in Fujairah on March
13-15, 2023, following the 2021 virtual session and the last
in-person session in 2019, prior to the Covid-19 pandemic.
The International Fujairah Bunkering & Fuel Oil Forum
is now organized by S&P Global Commodity Insights and
hosted by the Department of Industry & Economy,
Government of Fujairah and
the Port of Fujairah.
FUJCON 2023 is held under the Patronage of His Highness Sheikh
Hamad bin Mohammed Al Sharqi,
Member of the UAE Supreme Council and Ruler of Fujairah. It is supported by the Fujairah
Oil Industry Zone.
FUJCON 2023 is expected to attract participants from the
Middle East, Asia, Africa,
Europe and the Americas. They will
include leading oil and bunker producers, traders, oil majors,
national oil companies, shipowners and operators, managers,
brokers, charterers, terminal operators, refiners, classification
societies, shipping consultants and digital technologists, as well
as banks and exchanges, legal firms, regulators, testing
laboratories, renewable energy players, and other supply/service
companies.
This year's FUJCON 2023 theme is The Maritime Energy
Transition and Future Fuels and the Forum will explore
the energy transition and carbon reduction requirements that are
forcing a paradigm shift in the maritime industry. It will examine
market developments and Fujairah's
future fuel options from the supply, operational, environmental and
economic perspectives, as well as the possible technologies,
investments, delivery infrastructure and industry collaboration
needed to uncover new low-carbon maritime solutions and achieve
sustainability goals.
Dr Mohammed Saeed Al Kindi,
Chairman of the FUJCON Steering Committee, said:
"Against the backdrop of Fujairah,
which is recognised as a global hub for bunkering, oil storage, and
crude and petroleum products supply, FUJCON 2023 will provide an
exciting opportunity for key players in the bunkering and maritime
industries to come together for both critical discussions and the
Forum's networking opportunities. We are delighted to be hosting
FUJCON in-person once again, providing a meeting ground for the
important dialogues, deliberations and discussions that have been a
distinguishing feature of FUJCON since its inception, as well as
the networking opportunities that have been its hallmark over the
years"
Fujairah is experiencing the
development of a number of major projects that will further
strengthen its leading position as the Middle East's largest storage & trading
hub, significantly increase its dry-bulk footprint and enhance its
maritime service offering. By the beginning of 2023, the port will
commission its new dry-bulk export facility in Dibba, adding an
initial 18 million tons of aggregate handling capacity. Also
expected in 2023 is the Etihad Rail project, which will connect
Fujairah by rail with other key
economic zones in the United Arab
Emirates for the movement of containers & general cargo.
Last April, ADNOC announced its new, carbon-efficient Fujairah LNG
plant moved to the design stage, with the project expected to
produce 9.6 million tons per year of LNG to help meet the growing
global demand for natural gas. The design stage is expected to be
followed by the award of an engineering, procurement and
construction contract in 2023.
Dave Ernsberger, Head of
Market Reporting & Trading Solutions, S&P Global Commodity
Insights, said: "Fujairah and
the surrounding markets have continued to evolve and grow
throughout the past few years, even as global markets have worked
through their own transformations. FUJCON 2023 is an ideal moment
for market participants from around the world to reconnect in the
UAE, and bring together updates on the latest developments in the
local markets, with their experiences of change in the global
space. This is the right time to organize and prepare for
opportunities and challenges that the coming months and years will
bring."
For more information about FUJCON 2023, please visit
www.fujcon.com
#Fujairah #Shipping #OilStorage #IMO2030/2050 #MarineFuels
#FutureFuels #FuelQuality #LNGBunkering #Decarbonization
Media Contacts
Global/EMEA: Paul Sandell, +
44 (0)7816 180039, paul.sandell@spglobal.com
Americas: Kathleen Tanzy, +1
917-331-4607, kathleen.tanzy@spglobal.com
Asia/EMEA: Melissa
Tan, +65-6597-6241, melissa.tan@spglobal.com
About S&P Global Commodity Insights
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