CPC Corp Seeks Rare November Jet Fuel Cargo

Maritime Activity Reports, Inc.

October 13, 2014

Taiwan's CPC Corp is seeking a rare jet fuel cargo for delivery in November as it builds its heating fuel inventory ahead of winter, trade sources said on Monday.

The company is seeking 40,000 kilolitres of jet fuel for delivery into Kaohsiung, Taiwan, one of the sources said.

The tender closes on Oct. 15 and is valid until Oct. 17.

CPC Corp, which normally exports jet fuel, last imported jet fuel about a decade ago, a source close to the matter said.

The company is likely stockpiling kerosene, which is used as heating fuel in winter, and is importing jet fuel to meet domestic shorts, the source added.


Reporting by Jessica Jaganathan

Maritime Reporter Magazine Cover Mar 2019 - Cruise Shipping

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News