IPEC 2025: Top ten global bunkering ports and marine fuel suppliers revealed
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The lists of the top ten global bunkering ports and marine fuel suppliers for 2024 were revealed at the 8th International Petroleum and Natural Gas Enterprises Conference (IPEC 2025) in Zhoushan, Zhejiang province on Wednesday (22 October).
Singapore maintained its leading position among global bunkering ports with a bunkering volume of 54.92 million metric tonnes (mt).
Zhoushan maintained its fourth place globally, closely following third-placed Fujairah in bunkering volume, demonstrating strong growth.
As for the top marine fuel suppliers, China Marine Bunker (PetroChina) (Chimbusco) saw rapid growth, successfully jumping two places up compared to its 2023 ranking to the top spot in the world.
Zhoushan Hi-Tech Zone Administrative Committee said this achievement underscored China’s rising competitiveness in the industry and rapid growth capabilities of Chinese companies in this sector.
This year marked the fifth consecutive year of both rankings since their inaugural launch in 2020.
Cui Yiling, Deputy Director of the Zhoushan Hi-Tech Zone Administrative Committee, also officially announced the Ten Achievements and Ten Initiatives in Zhoushan’s efforts to build a global bonded bunkering hub with the highest efficiency and lowest cost.
These include drone fuel deliveries, digitalising the entire bonded bunkering process, and port services designed to optimise operations and reduce delays.
The launch of these key initiatives highlights Zhoushan’s progress, comprehensively enhancing digital applications, and accelerating customs clearance at ports.
“These initiatives lay a solid foundation for Zhoushan’s development into a world-leading bonded marine fuel bunkering centre,” said the Committee.
Manifold Times previously reported the lists of the top ten global bunkering ports and marine fuel suppliers for 2023, which was released at IPEC 2024.
Related: IPEC 2024: CPCA releases lists of top ten global bunkering ports and marine fuel suppliers
Photo credit: Manifold Times
Published: 23 October, 2025
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