Ship owners at Yangshan Port will now benefit from high quality bunker fuels supplied by a partnership between Vitol, the world's leading energy company and Zhejiang Seaport International Trading Co. Ltd. (SeaportBunker), a subsidiary of Ningbo Zhoushan Port Group. The partnership is expanding existing bunker operations in Zhoushan and Ningbo.
Additionally, the partnership will benefit from two dedicated bunker barges to ensure seamless logistics and fuel deliveries to customers visiting Shanghai (Yangshan), the world's largest and busiest container ship port.
Vitol is a leader in the energy sector with a presence across the spectrum: from oil through to power, renewables and carbon. It trades 7 million barrels per day of crude oil and products, and charters around 6,650 ship voyages every year.
Vitol's clients include national oil companies, multinationals, leading industrial companies and utilities. Founded in Rotterdam in 1966, today Vitol serves clients from some 40 offices worldwide and is invested in energy assets globally including: circa 16 m m3 of storage globally, 500 k b/d of refining capacity, 7,000 service stations and a growing portfolio of transitional and renewable energy assets. Revenues in 2020 were $140 billion.
Source: Vitol
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