The Zhoushan Bonded Marine Fuel Association on Saturday (9 January) reported bonded bunker sales at Zhoushan totalling 4.724 million metric tonnes (mt) in 2020, translating to 7,517 vessels receiving bunkers and a 15.14% year on year increase compared to 2019.
The association attributes the port’s performance to the following factors:
The association also published the following as the key highlights for 2020:
“As 2021 remains uncertain, it is necessary to continue to maintain our strengths, adhere to international benchmarking, continually innovate, and strengthen the joint development of the Yangtze River Delta, in order to strengthen the comprehensive supporting capabilities of our maritime services,” said the Zhoushan Port Comprehensive Protection Zone Management Committee in a statement.
“We will continue to strengthen the protection of our oil resources, promote the normalisation of blending business, and expand the delivery of fuel oil futures.
“In order to achieve these goals, we will have to improve our infrastructure which will include the formal use of the Qushan and Luhuashan anchorages, and commence the night-time bunker supply services at the Tiaoqimen anchorage.
“We will also promote cross-port fuel supply operations and make every effort to reach the 6 million mt bunker sales target set by the government for 2021.”
Related: Shanghai INE inks agreement with PetroChina for LSFO futures overseas delivery
Related: Shanghai and Zhoushan port complete first cross-port bunkering operation
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Related: China to grant export quotas for refined oil products to private refineries
Photo credit: Zhoushan Bonded Marine Fuel Association
Published: 11 January, 2021
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