China’s Zhoushan faces bunker supply crunch on drying volumes, expensive imports

Bunker supply in China’s Zhoushan — the country’s biggest bunkering port — is expected to tighten in the second quarter, due to unfavourable market dynamics and uneconomic pricing to bring in cargoes from Singapore, market sources said March 24. China’s bunker sales have grown rapidly amid competitive prices. China’s fuel oil exports over January-February were 64% higher on the year…