Bonded marine fuel refers to bonded marine fuel oil supplied to ships 

that carry import or export goods on international routes ending or 

originating in China. It is exempt from customs duty, import VAT, and 

consumption tax during import and sales, and is stored in specially 

designated depots, under the supervision of the customs.

Domestic consumption of bonded marine fuel is concentrated in coastal 

areas, especially at ports serving as major foreign-trade hubs in the 

Yangtze River Delta, Bohai Sea Rim, and South China. The most wellknown of these ports include Ningbo-Zhoushan, Shanghai, Qingdao, 

Tianjin, Dalian, Rizhao, Zhangjiagang, Qinhuangdao, Nanjing, and 

Guangzhou.

Since 2017, Zhoushan has been leading other areas in terms of growth 

of bonded marine fuel market. In 2018, Zhoushan directly supplied 3.59 

million metric tons of bonded marine fuel, becoming China’s largest 

bunkering hub and a global top-ten bunkering hub for the first time. 

This figure increased a further 14% in 2019, to 4.10 million metric tons.

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