BUNKER INDEX :: Price Index, News and Directory Information for the Marine Fuel Industry



« News Home
:: Monthly Archive

News Topics
:: Air Pollution
:: Agreements & M&A's
:: Alternative Fuels
:: BunkerBlog
:: Cargoes & Storage
:: Company News
:: Efficiency, Costs & Charges
:: Environment
:: Events
:: Financial
:: Fuel Quality & Testing
:: Lubes & Additives
:: Oil Spills
:: People
:: Port News
:: Projects
:: Regulation, Legal
:: Services, Products,Technology
:: Statistics & Research
:: Vessels

Regional Archive
:: Americas
:: Asia/Oceania
:: Europe
:: M.East/Africa


BUNKER INDEX :: Price Index, News and Directory Information for the Marine Fuel Industry
Home » News



South China fuel oil stocks up 0.3m tonnes

Weekly fuel oil inventories climb 300,000 tonnes year-on-year in South China.





Updated on 29 Jul 2011 12:34 GMT

Stocks of fuel oil at South China's major oil terminals rose by 0.5 percent (week-on-week) and 15.6 percent (year-on-year) in the seven days up to July 27th, latest data shows.

According to local firm C1 Energy, fuel oil inventories totalled 1.94 - 1.96 million metric tonnes, representing an increase of 10,000 metric tonnes, or 0.5 percent, on the week before and 300,000 metric tonnes, or 15.6 percent, on the corresponding week in 2010.

Approximately 35,000 metric tonnes of fuel oil left the region's terminals over the 7-day period between 21st-27th July, which was a 21,000-tonne rise on the previous week's figure of 14,000 tonnes.

Meanwhile, 45,000 metric tonnes of fuel oil entered the region's terminals, comprising 5,000 metric tonnes of inner-trade fuel oil and 40,000 metric tonnes of Singapore fuel oil.

The tank storage facilities surveyed include PetroChina Fuel Oil's Zhanjiang oil terminal, Titan's Xiaohudao oil terminal, Zhanjiang Port oil terminal, BP's Nansha oil terminal, Dongguan Jinming oil terminal, Sinochem-Gree oil terminal, Yuehai's Xiaohudao oil terminal, Chimbusco's Zhuhai Guishan oil terminal and Xiji oil terminal.

The total capacity of the tank farms is around 2.7 million cubic metres. The latest inventory figure of 1.94-1.96 million metric tonnes therefore represents a 75 percent capacity.






Related Links:

China

Latest News:

VPS issues flash point distillate alert for New York
Viking Line's bunker costs rise 3.6% in H1
Global Risk Management hires former Geos trader
Maersk profitability 'significantly impacted' by higher bunker costs
Oil and fuel oil hedging market update
Coming up: oil rig count, US production data and meeting between US and China
Done in a month: Mercuria takes 30% stake in Aegean as refinancing transaction is agreed
Higher bunker prices add EUR 4.1m to operating costs: Containerships Plc
Torm to install scrubbers on 14 ships in new initiative
Earnings growth dampened by lag in recovery of higher bunker costs: DFDS
Oil and fuel oil hedging market update
Brent closed at around four-month low yesterday




Page Links:

Prices
Africa
Asia
Latin America
Middle East
North America
North Europe
South Europe
Index Summary
Price Highlights
Commentaries
Futures
Prices
Antwerp
Busan
Cape Town
Fujairah
Houston
Istanbul
Kaohsiung
Las Palmas
Maracaibo
New Orleans
Piraeus
Rio de Janeiro
Rotterdam
Santos
Singapore
News
Latest News
Blogs
Archive
Americas
Asia
Europe
Middle East
News
Air Pollution
Agreements & M&A's
Alternative Fuels
Cargoes & Storage
Efficiency, Costs & Charges
Environment
Events
Financial
Fuel Quality
Lubes & Additives
Oil Spills
People
Port News
Projects
Regulation/Legal
Services, Products, Technology
Statistics & Research
Vessels
Contact & Terms
Contact Us
Advertise
Terms & Conditions
Privacy Policy
Events
Upcoming Events