According to HyqFocus News issued on October 11th., Sinopechad completed a large supply of 7,000 tons of bonded marine fuel at the end ofthe National Day holiday. On the afternoon of October 7th, a HongKong-flagged ship berthed and discharged cargoes at the dock of Shulanghu wharf.After discharging cargoes, the oil supply work was officially started at noonon October 8th. The oil supply ship "guanghui 629" successfullyinjected 6000 tons of boned marine fuel into the ship, and the oil supply ship"xianghong1" injected 1000 tons of boned marine fuel into the ship inthe early morning of October 9th.

This order has completed the supply of 7,000 tons ofbonded marine fuel, creates the largest single supply amount launched by theZhoushan Port and Shipping Management Bureau in Zhejiang Province this year. Tomy surprise, this is not the largest bonded fuel supply amount in Zhoushan'shistory. On September 25th, 2016., in Zhoushan sea area, China Gas’s ship “BoYang18” filled with 7,500 tons of bonded marine fuel once for a Singapore-flaggediron ore carrier, making it be the largest single bonded marine fuel amount filledin China.

　　As the largest suppliers of marine fuel in China, Sinopec and China Gas have become the mainstay of the construction of bonded bunkering center in Northeast Asia of Zhoushan. After Sinopec global ship oilsupply business center located in Zhoushan this year, it has been fullyintegrated into the development and construction of China (Zhejiang) Pilot FreeTrade Zone. On August 16th this year, they completed the first blendingbusiness of bonded fuel in Zhoushan, and the single supply of 7000 tons ofbonded fuel is a landmark event of their development in Zhoushan.

　　The single largebonded fuel supply is also a manifestation of the rapid development of thebonded fuel market in Zhoushan. It also means that the shipowner's recognitionof the Zhoushan bonded oil market is constantly improving, and the oil price’s advantageis becoming more and more significant.

　　According to the statistics of the customs, from Januaryto September this year, the bonded fuel supply at Zhoushan port reached 2.4956million tons, an increase of 101.5% year-on-year. (The supply amount fromJanuary to July has exceeded the whole year of last year, and the annual bondedfuel filling amount of China (Zhejiang) Pilot Free Trade Zone in 2017 was 1.8million tons). Among them, the oil supply of the outer anchorage was 430,600tons, a year-on-year increase of 66.05%. The oil supply in the port was 834,300tons, up 67.5% year-on-year. The oil supply volume of crossing customs area was1.2306 million tons, increased year-on-year by 155.87%.

　　In the third quarter of this year, when 13 typhoonsaffected Zhoushan successively, the monthly average fuel supply in the thirdquarter still reached 266,600 tons (in the first half of this year, the supplyof bonded fuel was 1.6963million tons, an increase of 114.18% year-on-year, andthe average monthly supply was 282,700 tons; in May, the monthly supply ofbonded fuel was 313,500 tons, and in June, the monthly supply of bonded fuelwas 355,800 tons, reached the highest amount of supplier in this year's singlemonth) , The average monthly oil supply increased by 78.69% compared to thesame time last year. It can be seen that if there were no typhoon in Zhoushanthis year, the growth of bonded fuel in the first three quarters wouldcertainly be higher.

　　Source: MarineCircle News