South China fuel oil stocks dip 0.5%

Fri 22 Jul 2011, 10:21 GMT

South China fuel oil stocks dip 0.5%

Fuel oil inventories in South China fall slightly in the week up to 20th July.

Fuel oil inventories at South China's major petroleum terminals dipped 10,000 metric tonnes, or 0.5 percent, in the week up to 20th July 2011, local firm C1 Energy reports.

Stocks of fuel oil fell to 1.93 - 1.95 million metric tonnes between 14th and 20th July. The figure was 280,000 metric tonnes higher than during the corresponding period last year, data showed.

Approximately 14,000 tonnes of fuel oil left the region's oil terminals during this 7-day period with Chimbusco Pan Nation exporting 9,600 tonnes of mixed/cracked fuel oil to Hong Kong from the Guishan terminal.

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.

BP Chimbusco Pan Nation China


		Seaspan and Technolog unveil LNG feeder design with four-week ammonia conversion pathway Lloyd’s Register grants approval for a 3,370 TEU vessel concept designed for swift transition to zero-carbon fuel.

		Singapore’s MPA backs LNG as part of multi-fuel strategy for shipping decarbonisation Authority emphasises regulatory frameworks and workforce development as sector navigates geopolitical uncertainty and energy transition.

		ABS and PIL partner on book-and-claim emissions verification Classification society to verify fuel consumption and emissions data for shipping line’s alternative fuel claims.

		Vast completes first biofuel bunkering of tugboat at Brazil’s Port of Açu Be8’s BeVant biofuel claims up to 99% CO₂ reduction versus conventional marine diesel.

		Ningbo-Zhoushan Port completes first ship-to-ship green methanol bunkering Zhejiang province port facility delivered 503 tonnes of methanol to a container ship in one hour.

		KPI OceanConnect launches podcast series on bunker markets and geopolitical risk Marine fuel supplier debuts audio series examining commodity markets, trade route disruptions and Middle East tensions.

		Auramarine to host webinar on biofuels as a marine decarbonisation solution Finnish firm's May event will explore current biofuel options and integration strategies for vessels.

		Malik adds bunker trader, technology head and canteen worker Danish marine fuels group expands team with three appointments across commercial, technical and operational functions.

		AET outlines multi-fuel decarbonisation strategy at Marine Money 2026 Tanker operator highlights innovative commercial arrangements with charterers to share decarbonisation risks and rewards.

		Titan Clean Fuels completes first FuelEU Maritime pooling exercise with DNV verification Pool included several hundred vessels, with LNG and biomethane helping balance compliance deficits.