Chinese Biofuel Refiner Zhejiang Jiaao Export First Saf Shipping

Zhejiang Jiaao Enprotech 603822 China said on Wednesday, a subsidiary of Biofuel based in East China exported the first cargo of sustainable flight fuel 13,400 metric tons.

Export came shortly after the company won the export license for low carbon flight fuel for 2025, Jiaao said in stock archiving.

The company did not say what the cargo’s purpose was, but many trading sources said it was bought by Western traders and going to Europe.

The cargo was likely to be published to the Solar Cheryl ship, two trading sources said, with one added that it was published on May 1-2.

The final destination of Solar Cheryl is Spain for now, the data from the Vortexa Tracker and a Shipbroking source show.
Source: Reuters