The following article first published by Manifold Times on 28 December was sourced from China’s domestic market through a local correspondent. An online translation service was used in the production of the current editorial piece:
The Dalian branch of Sinopec Zhejiang Zhoushan Petroleum Co., Ltd. recently supplied 1,000 metric tonnes (mt) of fuel oil to Hong Kong vessel “Xin Jin Hai” by using a new electronic supply form provided by Dalian Customs, according to the Dalian Daily.
The process to complete the declaration procedures for transporting bonded fuel oil from Dalian to Bayuquan Port for the bunkering operation was completed in an hour.
The electronic declaration to support the bonded bunkering business of local Chinese enterprises was introduced from 1 November to cancel the circulation of paper application forms.
The new policy will affect more than 80% of the bonded bunkering business at Dalian.
Since the promotion of the new policy from more than a month ago, bunkering firms operating in Dalian have reduced more than 150 submissions of the “Application Form for Direct Supply of Bonded Oil Cross-Customs Area”.
The development also resulted in about 100 lesser visits to the Dalian Customs.
Photo credit: MarineTraffic / Eulo Felber Sabran
Published: 28 December, 2021
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Cai Zhi Zhong received a total of about USD 1.3m to USD 1.6m, of which he saved a portion and spent the rest, including on property, cars and watches, according to court documents obtained by Manifold Times.
