China's Sinopec Corp 0386.HK is shipping its second ever jet fuel cargo to Europe, once considered a rare trade route, as the refiner looks to expand its global market share with demand lagging output levels at home, industry sources said.
The world's No. 2 refiner shipped out 90,000 tonnes of jet fuel to Europe in late June, said two sources, who did not want to be named because of rules on talking to media.
Shipping fixtures show a vessel, SKS Donggang, was chartered by trader Noble NOBG.SI and loaded with jet fuel from Yangpu in south China around the same time. SKS is near Madagascar now and moving towards Le Havre, France, according to shiptracking data.
