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Shanghai’s bonded bunkering volume tops 4 mln mt in 2024

Guangzhou (JLC), January 2, 2025 –Shanghai’s bonded bunker fuel supply to ocean-going vessels exceeded 4 million mt in 2024, hitting a new high.

01-02-2025 18:48:36

Sinobunker completes China’s first ammonia bunkering

Guangzhou (JLC), December 25, 2024--A subsidiary of China Shipping & Sinopec Suppliers Co., Ltd. (Sinobunker) has refueled a tugboat with ammonia in China, marking a significant breakthrough.

12-25-2024 18:37:54

China's apparent fuel oil consumption slips on year in November

Guangzhou (JLC), December 24, 2024--China's apparent consumption of fuel oil dived in November on a year-on-year basis, largely due to lower output.

12-24-2024 18:53:50

Guangdong FTZ launches bonded HSFO-LSFO blending

Guangzhou (JLC), December 18, 2024 – The China (Guangdong) Pilot Free Trade Zone, or Guangdong FTZ, has recently completed its first blending of bonded HSFO and LSFO.

12-18-2024 17:47:57

Qingdao Petrochemical prioritizes LSFO and petcoke production

Guangzhou (JLC), December 6, 2024 – Sinopec Qingdao Petrochemical has been focusing more on producing low-sulfur fuel oil (LSFO) and high-end petroleum coke since the beginning of this year.

12-06-2024 18:41:13

Policy tailwind may bolster Zhoushan’s bonded bunkering

Guangzhou (JLC), November 28, 2024--China’s State Council has recently approved a plan outlining the future development of the China (Zhejiang) Pilot Free Trade Zone (“the Zhejiang FTZ”).

11-28-2024 18:47:14

China's apparent fuel oil consumption plunges on year in October

Guangzhou (JLC), November 22, 2024--China's apparent consumption of fuel oil dived in October on a year-on-year basis, largely due to lower output.

11-22-2024 18:08:59

CHIMBUSCO’s blending of HSFO and LSFO gains traction in Shanghai

Guangzhou (JLC), April 9, 2024 – CHIMBUSCO continued to blend HSFO and LSFO in Shanghai under the new rules, which helped reduce cost and boost its bonded bunker fuel sales.

04-09-2024 18:11:09

CHIMBUSCO completes bonded fuel oil blending in Shanghai

Guangzhou (JLC), March 12, 2024 – CHIMBUSCO completed blending of bonded low-sulfur fuel oil (LSFO) and high-sulfur fuel oil (HSFO) in the Yangshan Port bonded tank farm in Shanghai on March 4.

03-12-2024 19:14:24

Xiamen’s regional supplier completes its first bonded bunkering

Guangzhou (JLC), February 27, 2024 – Xiamen Kunlun Fuel Oil Co., Ltd., the first and the only regional bonded bunker supplier in Xiamen, successfully completed its first bonded bunkering operation.

02-27-2024 15:58:17

China adds another bonded bunker supplier, first in Xiamen: sources

Guangzhou (JLC), February 4, 2024 – Xiamen Kunlun Fuel Oil Co., Ltd. was granted a regional license on January 30 to supply bonded marine fuels in Xiamen, Fujian province, official sources told JLC.

02-04-2024 18:26:53

Sinopec enters top 3 bunker suppliers in Singapore

Guangzhou (JLC), January 24, 2024 – Sinopec Fuel Oil (Singapore) Pte. Ltd. ranked 3rd among 41 bunker suppliers in Singapore in terms of supply volume for 2023, Sinopec announced on Wednesday.

01-24-2024 15:10:23

Zhoushan becomes world’s fourth largest bunkering port in 2023

Guangzhou (JLC), January 10, 2024 – Zhoushan’s bonded marine fuel bunkering volume topped 7 million mt in 2023, becoming the world’s fourth largest bunkering port.

01-10-2024 18:58:25

Sinopec refuels China’s first domestically built cruise ship

Guangzhou (JLC), January 4, 2024 – Sinopec Fuel Oil Sales Company has supplied a total of 1,047 mt of low-sulfur marine gasoil (LSMGO) into the cruise ship “ADORA MAGIC CITY".

01-04-2024 18:31:24

Fuel oil imports expected to grow in 2024 on stronger feedstock appetite

Guangzhou (JLC), December 29, 2023 – China’s fuel oil imports are expected to grow further in 2024, boosted by Shandong independent refiners’ stronger demand for alternative feedstocks.

12-29-2023 18:49:33

China adds another bonded bunker fuel supplier

Guangzhou (JLC), November 24, 2023 – A Hainan-based company has been licensed to supply bonded bunker fuel in China, according to an official document released by the government in early November.

11-24-2023 15:54:08

Alternative feedstock imports shrink in August

Guangzhou (JLC), September 27, 2023 – China saw fewer alternative feedstock arrivals in August, mainly due to poor margins amid higher costs.

09-27-2023 15:13:29

China to release 3rd batch of LSFO export quotas soon

Guangzhou (JLC), August 11, 2023 – China is likely to release the 3rd batch of export quotas for low-sulfur fuel oil (LSFO) in the coming days, with about 5 million mt expected in this round.

08-11-2023 18:19:40

China launches new CNY-based bonded bunker assessments

Guangzhou (JLC), June 25, 2023 – China has launched on June 20 its new CNY-based bonded bunker assessments, which are now published on the website of Shanghai Petroleum and Natural Gas Exchange.

06-25-2023 17:54:11

Jan-Apr sees higher utilization of non-state import quotas for fuel oil

Guangzhou (JLC), May 25, 2023 – Ports in Shandong and Tianjin have seen a surge in fuel oil imports intended as feedstock by independent refiners and traders during January and April.

05-25-2023 18:55:50

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