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Construction of Shandong Marine Energy’s first LNG carrier starts

Shandong (JLC), February 18, 2025--On February 13, Jiangnan Shipyard (Group) Co., Ltd. kicked off the construction of a 175,000-cbm LNG carrier, LNG JUMBO, in Shanghai.

02-18-2025 10:49:27

Guangzhou completes bio-marine fuel bunkering

Guangzhou (JLC), September 12, 2023 – Guangzhou completed a bio-marine fuel bunkering for a vessel that plies international routes on September 7.

09-12-2023 18:50:44

Chimbusco completes its first B24 marine biofuel bunkering

Guangzhou (JLC), August 24, 2023 – Chimbusco Pan Nation Petro-chemical Co., Ltd., a Hong Kong subsidiary of Chimbusco, successfully supplied the first batch of ISCC-EU certified B24 marine biofuel.

08-24-2023 17:01:46

Shandong Marine fulfills China’s first LNG bunkering order

Beijing (JLC), March 24, 2022--Shandong Marine Group provided China’s first ship-to-ship LNG bunkering operation at Shanghai Yangshan port on March 15, a market source said.

03-24-2022 16:16:26

Sinopec Qingdao Petrochem produces on-specification LS marine fuel oil

Beijing (JLC), November 19, 2019--Sinopec Qingdao Petrochemical in eastern China’s Shandong province? produced first batch of on-specification low-sulfur (LS) marine fuel oil on November 15, Sinopec said Tuesday.

11-19-2019 11:11:51

Sinopec Zhanjiang to complete submarine refined oil pipeline

Beijing (JLC), May 21, 2019--Sinopec Zhanjiang Petrochemical’s refined oil pipeline successfully crossed the Tongming Strait in Zhangjiang, southern Guangdong province, market sources said.

05-21-2019 11:48:32

Refining margins for Shengli, marine crude rise in Shandong

Shandong-based independent refiners reaped better refining margins for Shengli crude and marine crude this week because of relatively large rises in product prices, JLC data shows.

05-17-2018 11:38:42

Refining margins for Shengli, marine crude largely stable

Chinese independent refiners’ refining margins for Shengli crude and marine crude were largely stable at the beginning of May when feedstock costs and product prices did not change much, JLC data shows.

05-03-2018 11:23:22

Refining margins for Shengli, marine crude up on stronger products

Chinese independent refiners’ refining margins for Shengli crude and marine crude climbed in late April as product prices gained more than feedstock costs, JLC data shows.

04-25-2018 17:59:29

Toluene market in East China picked up amid marine safety supervision

Toluene market price in East China stood at CNY5,300-5,350/mt. But Jiangsu Maritime Bureau issued the Notice on the Implementation of Special Safety Supervision Measures at Certain Stages on September 20th. Toluene

09-22-2017 17:08:11

Jiangsu Marine Safety Supervision’s influence on China butadiene market

Jiangsu Maritime Bureau issued the Notice on the Implementation of Special Safety Supervision Measures at Specific Stages, which states that from October 11th to October 28th, Jiangsu Maritime Bureau will restrict ship navigation and ship operations in Yangtze River in Jiangsu.

09-21-2017 16:18:09

Marine crude oil theoretical margin losses increased by CNY52/mt to–CNY38/mt

This week, based on the settlement price CNY3,100/mt of light marine crude oil (density: 0.88-0.90) at Shandong market on July 19th, the theoretical processing losses of teapots were CNY38/mt, increasing by CNY52/mt WoW.

07-20-2017 18:01:09

Processing marine crude oil suffered a loss of CNY29/mt

This week, based on the settlement price CNY3,150/mt of light marine crude oil (density: 0.88-0.90) at Shandong market on June 21st, the theoretical processing losses of teapots were CNY29/mt.

06-22-2017 11:01:32

Processing light marine crude profit decreased by CNY65/mt WoW to CNY-34/mt

The transaction price of light marine crude (density: 0.88-0.90) in Shandong market stabilized at CNY3,500/mt and the theoretical processing light marine crude profit of teapots decreased by CNY65/mt WoW to CNY-34/mt amid the diesel and gasoline price cut.

06-01-2017 15:32:52

Processing light marine crude profit decreased by CNY53/mt WoW to CNY31/mt

The transaction price of light marine crude (density: 0.88-0.90) in Shandong market stabilized at CNY3,500/mt and the theoretical processing light marine crude profit of teapots decreased by CNY53/mt WoWto CNY31/mt amid the diesel price cut.

05-25-2017 12:55:05

Processing light marine crude profits of Shandong fell to CNY-34/mt

The transaction price of light marine crude (density: 0.88-0.90) in Shandong market was CNY3,700/mt and the theoretical processing light marine crude profits of teapots were CNY-93/mt, dropping by CNY127/mt WoW.

04-21-2017 08:37:42

Processing light marine crude profits of Shandong rose to CNY93/mt.

The transaction price of light marine crude (density: 0.88-0.90) in Shandong market was CNY3,700/mt and the theoretical processing light marine crude profits of teapots were CNY93/mt, increasing by CNY188/mt WoW.

04-13-2017 18:01:08

Processing light marine crude profits of teapots fell to CNY–231/mt

This week, the settlement price of light marine crude (density: 0.88-0.90) at Shandong market dropped CNY50/mt to CNY3,700/mt on March 29th, and the theoretical processing profits of teapots were CNY–231/mt, dropping CNY90/mt on week.

03-30-2017 17:06:49

Marine crude losses narrow CNY23/mt at CNY183/mt

This week, based on the settlement price CNY3,850/mt of light marine crude (density: 0.88-0.90) at Shandong market on February 8th, the theoretical processing profits of teapots were –CNY183/mt, edging up by CNY23/mt than that before China’s Lunar New Year.

02-08-2017 18:15:03

Marine crude refining profits slid sharply to CNY36/mt

12-29-2016 11:32:13

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