IPEC 2026: Zhoushan unveils 10 achievements, initiatives to strengthen global bunkering hub ambition
China’s top bunkering port positioning itself to handle annum bunkering volume of more than 10 million mt.
The government of Zhoushan on 22 October (Thursday) announced ten major achievements and ten future initiatives as it seeks to accelerate its development into a leading bonded marine fuel bunkering hub with annual sales capacity exceeding 10 million metric tonnes (mt).
The announcements were made during the 9th Interregional Petroleum and Natural Gas Enterprises Conference (IPEC 2026), which brought together nearly 500 representatives from shipowners, bunker fuel suppliers, traders, ports, financial institutions, technology providers and industry associations to discuss the future of marine fuel supply chains in China.
Local authorities noted Zhoushan’s bonded marine fuel bunkering volume surpassed 8 million mt for the first time, marking a significant milestone in the city’s efforts to become a major global bunkering centre. Between January and September, bunkering volume reached 6.24 million mt, representing year-on-year growth of 2.81%.
Amongst the 10 most significant achievements highlighted at IPEC 2026 was Zhoushan’s progress as an alternative marine fuels bunkering location.
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