Tue 19 Jul 2011, 06:58 GMT

H1 bunker sales up 803,000 tonnes in China


Sales of bonded bunker fuel climb 21 percent during the first six months of 2011.



Sales of bonded bunker fuel in China rose by 803,000 tonnes, or 20.8 percent year-on-year, during the first six months of 2011, local market intelligence firm C1 Energy reports.

The country's total sales of fuel oil and marine gasoil rose to 4.66 million metric tonnes in the first half of this year, up from 3.857 million metric tonnes during the corresponding period in 2010.

Six licensed bonded bunker suppliers were all said to have achieved a steady increase in sales volumes between January and June with Sinopec Zhoushan - the Zhoushan branch of Sinopec Zhejiang Oil Products Co. - seeing the highest rise of 710,000 metric tonnes, or 89.4 percent, year-on-year.

Statistics show that bonded bunker demand rose during a period of increased cargo throughput of foreign trade at domestic ports. According to the Ministry of Transport, foreign trade cargo throughput at so called 'large-scale ports' was 1.104 billion tonnes between January and May, up by 8.2 percent from a year earlier.

Data from the National Bureau of Statistics (NBS) shows that China’s gross domestic product (GDP) rose by 9.6 percent year-on-year in the first half of 2011.

MGO   China 

Rasmus Frimann Nielsen and Lars Zimmermann, Everllence. Everllence's small-bore GenSet orders surpass 2,000 in 2026  

Engine maker reports strong order intake across its small-bore portfolio, citing demand for reliable, fuel-flexible auxiliary power.

MT Tulip bunker tanker. Bunker One renews MT Tulip charter, plans mass flow meter upgrade in Mauritius  

Bunker One is keeping its bunker tanker in Mauritius while adding flow metering technology to improve delivery transparency.

COP31 panel discussion. Fund for Energy Efficiency Technologies becomes first to adopt revised Singapore-Asia Taxonomy  

FEET's adoption coincides with Lloyd's Register's independent review of GCMD's methodology for quantifying fuel savings from wind-assisted propulsion systems.

Arsenio Dominguez, IMO Secretary-General. IMO chief urges states to enforce safety rules in Strait of Hormuz amid rising attacks  

Arsenio Dominguez says more than 130 attacks on commercial vessels have been verified since February, with at least 25 seafarers killed.

OOCL Wisdom ship-to-ship (STS) bunkering operation at Xiamen Port. Xiamen Port launches 'green methanol bunkering' with OOCL Wisdom  

Boxship received 1,005 tonnes of methanol, corresponding to a reduction of more than 1,600 tonnes in carbon emissions, says COSCO Shipping.

Monjasa Tracer vessel. Monjasa expands fleet with five sister tankers in largest-ever acquisition  

Marine fuel supplier acquires five product tankers from Bernhard Schulte, boosting West African operations and global flexibility.

Molgas Energy logo. Molgas completes acquisition of Prima LNG’s Irish business  

Molgas takes over Prima LNG’s Irish customer portfolio, including a Mondelez manufacturing site, as part of its expansion.

Levante LNG vessel. Peninsula marks three years of LNG bunkering with Levante LNG  

Bunker supplier reports zero claims and CO₂e cuts as LNG bunker vessel completes three years of operations.

Sea Leader FZCO logo. Sea Leader begins physical bunker supply operations in eastern India  

Company completes first bunker delivery after registering with India's shipping authority.

Wega and Deneb vessels render. Auramarine to supply methanol fuel systems for German hydrographic research vessels  

Finnish firm signs deal with Gondan Shipbuilders to equip two new vessels for Germany's maritime agency.