The following article published by Manifold Times on 14 February 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:
Guangzhou Municipal Government officials approved the “Interim Measures for the Administration of Bonded Bunkering of International Voyage Vessels in Guangzhou” at an executive meeting on Friday (11 February) evening, according to China News Network.
The “Interim Measures” proposes for the establishment of bonded bunkering enterprises to operate at Guangdong province.
These firms are expected to carry out the bunkering business in accordance with the requirements of international conventions, marine oil quality standards, and management regulations.
Under the measures, an enterprise applying for bonded bunkering business shall meet six conditions including:
In December 2021, Manifold Times reported the Chinese State Council giving permission for bonded bunkering operations to be carried out at Guangdong province.
The development is expected to open up the bunkering sector at Guangzhou, a port city located at northwest of Hong Kong on the Pearl River within Guangdong province.
A limited number of bonded bunkering firms currently operate at Guangzhou port, which recorded a bunkering volume of 346,400 metric tonnes (mt) from January to November 2021.
Related: China: Guangzhou bunkering volumes up 183% YTD on policy improvements
Related: Emergence of China’s marine fuels industry challenges Singapore’s dominant position
Related: Shenzhen plans acceleration of domestic and international LNG bunkering business
Related: Chinese government issues bonded bunkering permission at Guangzhou port
Photo credit: Loeng Lig on Unsplash
Published: 14 February, 2022
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Marine fuel sales at Panama Canal totalled 331,062 mt in February, according to Panama Maritime Authority.
There have been a number of misleading headlines and articles incorrectly attributing certain views, statements and advice to the IBIA in the past week.
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Cash of SGD 4.43 million and USD 243,100, and one piece of 100-gram gold-coloured bar recovered in safe belonging to Abdul Latif Bin Ibrahim kept at Extra Space warehouse storage facility, show court documents.
Program introduces periodic assessments, mass flow metering data analysis, and regular training for relevant key personnel to better handle the MFMS to ensure a high level of continuous operational competency.
U.S. Claims Register Summary recorded a total USD 833 million claim from a total 180 creditors against O.W. Bunker USA, according to the creditor list seen by Singapore bunkering publication Manifold Times.
Glencore purchased fuel through Straits Pinnacle which contracted supply from Unicious Energy. Contaminated HSFO was loaded at Khor Fakkan port and shipped to a FSU in Tanjong Pelepas, Malaysia to be further blended.
Individuals were employees of surveying companies engaged by Shell to inspect the volume of oil loaded onto the vessels which Shell supplied oil to; they allegedly accepted bribes totalling at least USD 213,000.
MPA preliminary investigations revealed that the affected marine fuel was supplied by Glencore Singapore Pte Ltd who later sold part of the same cargo to PetroChina International (Singapore) Pte Ltd.
