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China: Shanghai releases requirements for operating a provincial bunkering business

01 Mar 2022

The following article published by Manifold Times on 1 March 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 “Notice on Shanghai International Voyage Vessel Bonded Oil Bunker Qualification Declaration” was published by the Shanghai Municipal Commission of Commerce on Friday (25 February).

It lists requirements for local oil companies interested in being a licensed bonded bunker supplier for international vessels at Shanghai port.

Amongst requirements are for interested entities to have:

  • Registered their business in Shanghai;
  • Experience in the bunkering business, and own or charter at least one double bottom double hull bunkering vessel of not less than 1,000 dwt;
  • Obtained an oil storage contract of not less than 10,000 m3 capacity and supporting facilities for receiving, unloading and transhipment of bonded bunker oil of not less than three years;
  • Not been involved in any fire, safety, or environmental pollution accidents within the last three years, and have not smuggled oil products, violated laws and regulations on entry- exit administration, received safety penalties, or received other serious illegal and dishonest acts.

The Shanghai application requirements differ slightly from the Guangzhou Municipal Government version published in February.

In December 2021, Manifold Times reported the Chinese State Council giving permission for bonded bunkering operations to be carried out at Guangdong and Shanghai. The development allows local oil companies to obtain bonded bunkering business licences directly from the local government.

Related: China: Guangzhou approves “Interim Measures” for more bonded bunkering firms
RelatedChinese government issues bonded bunkering permission at Guangzhou port
Related: China: Bonded bunker sales at Shanghai hit record high of 3.5 million mt in 2021

 

Photo credit: Denys Nevozhai on Unsplash
Published: 1 March, 2022

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