China: Bunkering volume at Tianjin port up 36.8% on year during 1H 2023

The bunkering volume at Tianjin port rose to almost 500,000 metric tonnes (mt) during the first half (1H) of 2023; the figure represented a year-on-year increase of 36.8% on year, according to Tianjin Xingang Customs.

During 1H 2023, Tianjin Xingang Customs supervised a total of 785 bonded fuel oil bunkering operations, a 44.6% increase when compared to the similar period in 2022.

The positive development was due to the implementation of several measures to improve the local bunkering sector.

Almost measures were an arrangement between Tianjin Customs and Shijiazhuang Customs to optimise the fuel supply route and supervision process for the direct supply of bonded fuel oil from Tianjin Port to Caofeidian, Jingtang, Qinhuangdao and Huanghua ports across the customs area.

Focus on the development needs of bonded fuel oil companies, through increased policy support, “one-to-one” corporate service specialists between customs and bonded bunkering firms, and advice to guide companies to enjoy the national export tax rebate policy in accordance with the law, further reduce business operating costs.

“Assistance of the customs has facilitated the bonded fuel oil trade, and it is also the driving force for us to continuously improve our competitiveness and explore the international market,” Li Haibin, general manager of Tianjin Chimbusco Marine Fuel Co., Ltd., told local media.

Tao Ye, Chief of the Bonded Supervision Section of the Tianjin Xingang Customs Logistics Monitoring Office, said, “We actively support the operational needs of local bonded bunkering enterprises.”

“Recently, we have just added a 4,500 dwt bunker tanker for the record. Currently, there are 17 vessels registered in our jurisdiction with a total load capacity of more than 50,000 dwt which has further improved the carrying capacity of Tianjin Port’s bonded oil cross-customs direct supply business.”

Photo credit: MarineTraffic / Max Noz
Published: 17 August, 2023