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China's Hengli Petrochemical wins licence to supply bunker in Zhoushan

Reuters SG
·1-min read

SINGAPORE, Oct 11 (Reuters) - A subsidiary of Hengli Petrochemical, China's privately controlled refiner and petrochemical producer, has won a licence to supply bonded marine fuel in Zhoushan, the country's bunker hub, a company spokesperson said on Wednesday.

Hengli joins more than a dozen licensed bunker fuel suppliers in the free trade zone of Zhoushan of Zhejiang province.

Hengli operates a 400,000 barrels per day refinery in the northeastern port city of Dalian.

Zhoushan, which has the ambition to rival Singapore the world's top bunker center, last year supplied a record of over 6 million tons of marine fuel to vessels plying on international voyages. (Reporting by Chen Aizhu; editing by Eileen Soreng)