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Port of Xiamen realizes import substitution with domestic bonded fuel oil

September 18 witnessed the arrival of the vessel Hang Hai You 16 of CHIMBUSCO in Xiamen, which was fully loaded with 5000-ton low-sulfur bunker fuel oil. This marks the end of the current situation that the bonded fuel oil in Port of Xiamen is completely imported from abroad or transferred from other ports to Xiamen, and opens a new situation in which the bonded fuel oil in Port of Xiamen uses domestic refinery resources instead of import. Without the need to import from abroad, the warehouse costs and logistics costs will be reduced, which will attract more ships to refuel in Port of Xiamen, thus realizing import substitution with domestic resources, and giving full play to the capacity advantages of refineries around the region.

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