Core Viewpoint - Sinopec's Jingmen Petrochemical has successfully delivered its first batch of 4,400 tons of marine fuel oil through the Jingjing pipeline, marking a significant step in establishing a new supply channel for fuel oil and laying a solid foundation for the construction of a "green marine fuel corridor" in the Yangtze River Basin [1] Group 1: Market Context - The domestic shipping fuel oil market is facing increasingly fierce competition, prompting Jingmen Petrochemical to optimize its product structure and gradually reduce the production of low-value furnace fuel oil while focusing on expanding the high-value marine fuel oil market [1] - Hubei Petroleum urgently needs to expand its fuel oil supply channels to lower operational costs [1] Group 2: Strategic Collaboration - Since May, with the coordination of the Central China Sales Company, Jingmen Petrochemical and Hubei Petroleum have successfully established a fuel oil transportation channel through the Jingjing pipeline and initiated a strategic partnership with Yangtze Fuel Company to launch the "green marine fuel corridor" project [1] - The collaboration integrates the strengths of all parties involved: the Central China Sales Company coordinates overall operations, Jingmen Petrochemical ensures the supply of high-quality fuel oil, Hubei Petroleum provides pipeline facilities in the Jingzhou area, and Yangtze Fuel Company leverages its established sales network [1] Group 3: Operational Efficiency - The four companies have established an integrated operational mechanism covering pipeline transportation planning, vessel scheduling, oil quality testing, and environmental monitoring, achieving seamless connectivity in the entire process of marine fuel oil pipeline transportation and enhancing resource allocation efficiency [1]