China’s marine fuel market can be divided into domestic-traded, dutypaid marine fuel market and bonded marine fuel market.

Domestic-traded marine fuel is primarily supplied to ships on domestic 

routes. The demand for this type of fuel has been declining due to 

higher consumption tax starting from January 1, 2009 and tightening 

environmental policies. At present, the demand is about six million 

metric tons a year.

Bonded marine fuel is mainly supplied to ships on international 

voyages. Most of the fuel oil is 380 CST imported from Singapore and 

Malaysia. Recent market demand is over 10 million metric tons a year.

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