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China: Shenzhen records total 40,000 mt of bonded bunker fuel sales since June 2021

20 May 2022

The following article published by Manifold Times on 20 May 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:

Total sales of bonded bunker fuel at Shenzhen recently exceeded 40,000 metric tonnes (mt) amounting to RMB 200 million since June 2021, according to Shenzhen Special Economic Zone News

Further, it was reported this year’s bunkering volume and sales doubled when compared with last year.

According to the relevant person in charge at the Commerce Bureau of Shenzhen Municipality, the development of bonded fuel bunkering business will further improve Shenzhen Port’s bonded fuel supply service capabilities, attract more international ships to berth, and also help introduce services such as ship registration, ship inspection, and shipping insurance. 

The shipping service format will help the construction of Shenzhen International Trade Center and Ocean Center City.

Shenzhen has been actively issuing certificates for the operation of bonded fuel oil for ships on international voyages this year, following Guangzhou Municipal Government officials in February approving the “Interim Measures for the Administration of Bonded Bunkering of International Voyage Vessels in Guangzhou”.

The “Interim Measures” proposes for the establishment of bonded bunkering enterprises to operate in Guangdong province at an executive meeting.

Manifold Times recently reported oil company CNOOC Sales Shenzhen Co., Ltd (CNOOC) received a bunkering license for international vessels from the Shenzhen Municipal Party Committee and Municipal Government on 21 April. 

This move supports CNOOC’s goal in becoming an international direct supplier of bonded bunker fuel oil and marks the first time it has obtained the qualification to operate bonded fuel bunkering for ships on international voyages. 

Related: China: CNOOC Sales Shenzhen Co., Ltd obtains international bonded bunkering license
Related: China: Guangzhou approves “Interim Measures” for more bonded bunkering firms
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: Dimitry Anikin on Unsplash
Published: 20 May, 2022

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