China’s exports of very low-sulphur fuel oil (VLSFO) decreased 2% in August on year, according to General Administration of Customs data quoted by Reuters on Monday (20 September).
VLSFO exports in August were at 1.59 million metric tonnes (mt), lower than 1.77 million mt in July.
Exports of VLSFO increased 42% to 13.12 million mt from January up to August 2021, when compared to the prior corresponding year.
China’s bonded bunker fuel sales dropped slightly to 1.54 mln mt in July, JLC data showed.
In July, the local government at Zhoushan prohibited the bonded bunkering operation at night amid the big events of CPC, which directly drove down the bunkering sales.
Further market reports relating to China bunkering volumes can be found below:
Related: JLC China Bunker Market Monthly Report (July 2021)
Related: JLC China Bunker Market Monthly Report (June 2021)
Related: JLC China Bunker Market Monthly Report (May 2021)
Related: JLC China Bunker Market Monthly Report (April 2021)
Related: JLC China Bunker Market Monthly Report (March 2021)
Related: JLC China Bunker Market Monthly Report (February 2021)
Related: JLC China Bunker Market Monthly Report (January 2021)
Related: JLC China Bunker Market Monthly Report (December, 2020)
Related: JLC China Bunker Market Monthly Report (November, 2020)
Related: JLC China Bunker Market Monthly Report (October, 2020)
Related: JLC China Bunker Market Monthly Report (September, 2020)
Related: JLC China Bunker Market Monthly Report (July, 2020)
Related: JLC China Bunker Market Monthly Report (June, 2020)
Related: JLC China Bunker Oil Market Monthly Report (May, 2020)
Photo credit: Zhoushan Bonded Ship Fuel Association
Published: 21 September, 2021
Trading notice describing the development was circulated in the Singapore bunker market on Friday.
Firm also carried out gassing up and cooling down of “Vox Ariane” in March and provided LNG as a bunker fuel for the dreger’s commissioning ops.
Companies suggested that methanol fuel should be used as their main research direction of future clean ship fuel and the duo will jointly contribute to the national "dual carbon" goals.
GTT will further provide training for the crews, supported by its proprietary G-Sim training simulator, which replicates the future LNG operations of the vessels.
Encourages all vessels in port to sound their ships’ horns with a PROLONGED BLAST of 15 SECONDS at: 1200H Local Time (Singapore), 25 June 2021 (Friday).
Several liquidators were appointed for the company at extraordinary general meetings held Tuesday, 5 July, according to the Government Gazette.
KPI OC seeking to recover debt of USD 805,602.15 over five bunker deliveries, not including accrued interest of about USD 363,000 since 15 September, showed court documents obtained by Manifold Times.
Discussions around the need to develop methanol bunkering operations are taking place at numerous ports ahead of estimated demand of above 7M mtpa by 2030, says Chris Chatterton of Methanol Institute.
‘Economics of the shipping market will be the key driver enabling methanol to be adopted at a higher pace going forth over next couple years as market begins to return to more normal rates,’ states COO.
Integr8 Fuel injunction varied by Singapore Court to allow former employees to start work at Hartree Group in December 2022 following failure to produce evidence on biofuels development plans.
Variability of sources can affect the stability and performance of biofuel bunkers produced from these feedstocks, in turn leading to difficulties in meeting regulations and industry standards, shares Bryan Quek.
Top three positive movers in 2022 were Bunker House Petroleum Pte Ltd (+7), Eastpoint International Marketing Pte Ltd (+5), and Eng Hua Company (Pte) Ltd (+6); newcomer Sinopec Fuel Oil (Singapore) gets 19th spot.
