Sinopec Corp has put the country’s largest petrochemical port into operation with the successful docking and unloading of the New Renown, a very large crude oil carrier (VLCC) from the Middle East….
https://www.offshore-energy.biz/sinopec-chinas-largest-petrochemical-port-is-now-operational/
Chinese state energy company Sinopec, Asia’s largest refinery, is in early-stage talks with Hin Leong Trading Pte Ltd to buy a stake in an oil storage terminal that is partly owned by the Singapore trader, according to Reuters.
The size of the stake, as well as the potential price, are not yet known. The sale could provide a cash injection for Hin Leong Trading, one of Asia’s biggest independent oil traders, which has been struggling under the weight of its US$385 billion debt to 23 banks.
HLT is...
https://container-news.com/sinopec-eyes-hlts-universal-terminal/
According to Reuters, Sinopec Corp’s refinery and petrochemical complex in Tianjin will shut down for two months, starting in early May, for a regular revamp with the aim to cut its crude throughput by about 2 million tonnes this year.
In fact, the plant which is located in the northern Chinese port city of Tianjin, will also undergo retooling work that will allow production of lower-sulfur refined products, including marine bunker fuel that meets new global emission rules.
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https://safety4sea.com/sinopec-to-close-tianjin-refinery-to-prepare-for-lsfo/
According to a Reuters report, China’s Sinopec Corp plans to build a fleet of 100 barges over the next three years to supply marine fuel compliant with new global emission standards, said a Chinese shipping executive with direct knowledge of the matter.
New Fleet To Sinopec’s AmbitionIn what would be one of the top Asian refiner’s biggest shipping investments, Sinopec hopes the fleet would serve its stated ambition to become a top regional supplier of very low sulfur fuel oil (VLSFO).
Why is it...http://mfame.guru/a-100-barge-fleet-will-ship-clean-marine-fuel-for-sinopec/
According to an article published in Freight Comms, Air Liquide and Sinopec have signed a memorandum of understanding (MoU) to...
As Reuters reports citing a Chinese shipping executive, the fleet would include new orders of 50 vessels of 8,000 to 10,000 deadweight tonne (DWT) each and chartering an additional 50 smaller vessels each of 3,000 – 4,000 DWT.
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https://safety4sea.com/sinopec-plans-to-ship-vlsfo-through-a-100-barge-fleet/
Sinopec is to add 100 barges to its fleet to be able to supply IMO 2020 compliant marine fuel.
https://worldmaritimenews.com/archives/286447/report-sinopec-eyes-100-new-barges-for-lsfo-supply/
Sinopec said it will begin blending IMO 2020 grade bunkers at its Qilu refinery in eastern China by the end of October, reports Reuters.
Blending work in full swingSinopec Corp expects to start operations at the marine fuel oil blending facilities at its Qilu refinery in eastern China’s Shandong province by the end of October, the company said.
Work on the blending facilities is in “full swing” and on completion the first phase will have a production capacity of 300,000 tonnes per year of...
http://mfame.guru/sinopec-to-start-blending-of-compliant-bunker-fuel-at-qilu/
According to...
http://mfame.guru/will-oil-refiners-profit-from-imos-ban-on-dirty-ship-fuel/
Sinopec, China’s largest oil refining company, schedules the production capability of 10 million tons of low-sulfur marine fuel oil by 2020 and attainment of 15 million tons by 2023, reports Seatrade Maritime News.
Zhoushan and other China major ports coveredSinopec also committed to building the sales and supply network of low-sulphur marine fuel oil.
Zhoushan and other China major ports will be fully covered with Sinopec production by 1 January 2020, and over 50 major overseas ports will be...
http://mfame.guru/sinopec-announces-10m-ton-lsfo-production-for-imo-2020/