Sinopec Supplies First Shipping Fuel Cargo in Middle East


China Petroleum & Chemical Corporation, a majority owned subsidiary of state owned company Sinopec Group, sold its first shipping fuel cargo in the Middle East as part of a joint sales agreement signed with BP Plc, Bloomberg reports.

A 3,000 metric-ton shipment was provided to the vessel Yangtze Splendor in the United Arab Emirates port of Fujairah by the BP’s distribution network.

Attempting to enhance its shipping fuel business both at home and overseas, China Petrochemical in August agreed to tap BP’s sales network to supply bunker fuel. According to the agreement, BP will open its global bunkering network to Sinopec’s clients, while Sinopec’s network inside China will be opened to BP’s clients.

China’s bonded bunker fuel sales may exceed 20 million tons in 2015. Singapore, the world’s largest bunkering port, sold 40.9 million tons of the fuel last year, according to the Maritime and Port Authority of Singapore.

World Maritime News Staff, December 28, 2011;

Share this article

Follow World Maritime News

In Depth>


<< Jul 2019 >>
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 31 1 2 3 4

The 9th Annual Event Green Shiptech China Congress 2020

The 9th Annual Event- Green Shiptech China Congress 2020 will be held on next…

read more >

Belgian Offshore Days 2020

During this event, a conference will be held with focus on “Increasing value by data driven innovation…

read more >

Europort Romania

Europort Romania is the premier maritime networking event of the Black Sea and will connect maritime technology and service suppliers with high level professionals from Romania and surrounding shipbuilding markets.

More info

read more >


The future of the maritime sector is the point of focus during Maritime Industry 2020.

read more >