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China: Yangshan Port completes 130,000 cubic metres of bonded LNG bunkering

16 Feb 2023

The Lin-gang Special Area Management Committee of the China (Shanghai) Pilot Free Trade Zone said Yangshan Port, as a part of the Port of Shanghai, has completed 130,000 cubic metres (m3) of bonded LNG bunkering as of 1 February 2023, according to China-based media outlets on Friday (3 February).  

The committee stated that for 2023, it will accelerate the development of bonded ship supply business, increase the scale of the bonded ship supply platform and strive for the implementation of the second batch of local licences for bonded bunkering for international sailing ships.

It added it will strive to achieve the goal of 1 million tonnes of bonded bunker fuel and 250,000 m3 of bonded LNG marine fuel, and study bunkering of methanol and other alternative bunker fuels in 2023.

“Carrying out the bonded LNG business for international voyage ships effectively reduces the operating costs of new fuel ships, helps to improve the core supporting service functions of Yangshan Port and even Shanghai Port, attracts international voyage ships powered by LNG to berth, and promotes the sustainable development of the shipping industry development and enhance the comprehensive competitiveness of Shanghai International Trade Center,” it said. 

Disclaimer: The above article published by Manifold Times was sourced from China’s domestic market through a local correspondent. While considerable efforts have been taken to verify its accuracy through a professional translator and processed from sources believed to be reliable, no warranty is made regarding the accuracy, completeness and reliability of any information.


Photo credit: Manifold Times
Published: 16 February, 2023

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