Asia/Pacific News
China's Yangpu Port Sees Jump in Bunker Volumes
Wednesday March 25, 2026
China’s Yangpu Port has seen a rise in bonded bunkering activity since new customs rules were introduced at the Hainan Free Trade Port on December 18, 2025.
Since the policy took effect, the port has completed 199 bonded bunkering operations, supplying a total of 94,600 mt as of March 20, according to a report published by state broadcaster China Central Television (CCTV) on Saturday.
This represents year-on-year increases of 27.56% in operations and 37.50% in volume.
Authorities say policy changes have significantly improved the port’s competitiveness.
Bunkering at Yangpu can reduce fuel costs by around 15% to 20%, while allowing bunkering at outer anchorages further lowers operating expenses for shipowners.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 894.50 | 91.50 | 1784.00 | 156.00 |
| Rotterdam | 757.50 | 72.00 | 1334.50 | 63.00 |
| Houston | 801.50 | 6.50 | 1275.50 | 19.50 |
| Fujairah | 941.50 | 97.50 | 1640.50 | 151.50 |
| APAC Average | 1119.00 | 15.50 | 1697.50 | 0.00 |
| Global 20 Ports Average | 974.50 | 61.00 | 1568.50 | 54.50 |
| Global 4 Ports Average | 848.50 | 67.00 | 1508.50 | 97.50 |
| Global Average Bunker Price | 1022.50 | 24.50 | 1535.50 | 13.50 |
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