Japan’s May bonded bunker fuel sales fall 12% on year to 1.85 mil barrels: METI

Japan’s bonded bunker fuel sales fell 11.9% year on year to 1.85 million barrels (293,606 kl) in May, data released Monday by the Ministry of Economy, Trade and Industry showed.

The May total was down 10.1% from April.

Sales of bonded marine diesel oil in May totaled 28,575 barrels (4,543 kl), down 24.4% year on year and up 18.9% month on month, METI data showed.

Japan imported 80767 barrels (12,841 kl) of bonded bunker fuel oil in May, against no imports recorded in April 2014, the data showed.

Bonded bunker fuel is exempt from import tax and can be sold only to ships plying international routes.
Source: Platts