- Business
- Andatee China Marine Fuel Services Corporation (AMCF) operates as a holding company primarily engaged in the production, storage, distribution, and trading of blended marine fuel oil for cargo and fishing vessels in the People's Republic of China. The company offers cargo vessel fuels classified as CST180 and CST120; fishing boat fuels classified as #1, #2, #3, and #4, which serve as close substitutes for diesel in the regional fishing industry; and customer-specific blended products utilizing proprietary blending technology, with sales channeled through distributors and directly to retail customers in provinces including Liaoning, Shandong, Jiangsu, Shanghai, Guangdong, and Zhejiang. Incorporated in 2009 and headquartered at Unit C, No. 68 West Binhai Road, Xigang District, Dalian, China, Andatee holds a significant position as one of the largest private marine fuel providers in Northern China, particularly in Bohai Bay with approximately 25% market share, and employs 189 staff while focusing on domestic operations. Recent developments include a 2016 board appointment of Ji Ma as an independent director and ongoing pursuit of acquisitions to expand capabilities, alongside 2016 executive management changes such as the appointment of a new CEO.