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China: Zhoushan faces bonded bunker fuel supply crunch

More than half of the local suppliers reported that the latest delivery date is estimated to be 26 May while bunker fuel quotes at Zhoushan in May are very high.

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Zhejiang Free Trade Zone Manifold Times

The following article published by Manifold Times on 25 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:

The supply of bonded bunker fuel in Zhoushan- China’s biggest bunkering port - has been tight with more than half of the local suppliers reporting that the latest delivery date is estimated to be 26 May. 

Quotes for bunker fuel at Zhoushan in May have been considered as extremely high, and has recently passed the USD 1,000 per metric tonne (pmt) mark. 

Conditions for bunkering are expected to improve in June; however, the price of 0.5% sulphur fuel oil is forecast to hover between USD 970 to 990 pmt.

According to some Chinese suppliers, the China bonded bunker fuel supply is tight with uncompetitive prices.

To explain, the bonded oil quota for domestic refineries is limited and the distribution of avails is uneven. 

Further, most domestic refineries rely heavily on two or three major suppliers and are operating in a scenario where international oil prices are high, leading to an increase in import costs.

The rise in import costs, in turn, causes less profit margins resulting in low willingness to import oil cargoes for supporting bunkering operations.

Manifold Times on 11 May reported a local supplier on the Chinese mainland saying the supply of bunker fuel will be increasingly tight from May to June with all suppliers struggling to meet demand.

Related: China: Bonded bunker fuel avails to remain tight between May to June
Related: JLC China Bunker Market Monthly Report (March 2022)

 

Photo credit: Manifold Times
Published: 25 May, 2022

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Incident

Singapore: Bunker spill leads to checks on all fuel pipes at other Police Coast Guard bases

Police said fuel pipes at the other three bases at Loyang, Lim Chu Kang and Gul are also being checked with inspections expected to be wrapped up on 10 February.

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The recent oil leak incident at Police Coast Guard (PCG) Brani Regional Base has prompted checks on all fuel pipes at PCG’s three other bases for leaks, according to The Straits Times on Monday (10 February). 

Responding to queries from the local news provider, the police said all fuel pipes at Brani Regional Base were inspected on 6 February while fuel pipes at the other three bases at Loyang, Lim Chu Kang and Gul are also being checked with inspections expected to be wrapped up on 10 February. 

The police also said that a preliminary assessment on the cause of the leak might be due to micro cracks in a damaged fuel pipe as a result of repeated twisting of the pipe due to the movement of the pontoons caused by tidal changes.

On 6 February, Singapore authorities confirmed that a diesel oil leak was discovered at the Brani Regional Base on 5 February, at around 11.40am (Singapore Time). 

According to a joint statement by Singapore Police Force, Maritime and Port Authority (MPA) and National Environment Agency (NEA), about 23 metric tonnes had leaked from a damaged shore fuel hose used to refuel patrol craft at Selat Sengkir. 

The leak was eventually isolated at about 3.40pm and there were no oil slicks observed.

Related: Singapore confirms bunker spill from damaged shore fuel hose at Brani Regional Base

 

Photo credit: Manifold Times
Published: 11 February, 2025

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Biofuel

NYK conducts first Japan bio bunker fuel trial on coal carrier for domestic power utility firm

Firm said it has started a biofuel test run on Noshiro Maru, operated by Tohoku Electric Power, marking the first time in Japan that a coal carrier has been used to test biofuel for a domestic power utility firm.

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NYK conducts first Japan bio bunker fuel trial on coal carrier for domestic power utility firm

Japanese shipping firm NYK on Monday (10 February) said it has started a biofuel test run on its coal carrier Noshiro Maru, which is operated by Tohoku Electric Power on 9 February.

This is the first time in Japan that a coal carrier has been used to test biofuel for a domestic power utility company. Mitsubishi Corporation Energy in the Keihin area facilitated the supply of biofuel for the vessel.

Biofuels are made from organic resources (biomass) of biological origin, such as agricultural residues and waste cooking oil, and are considered to produce virtually zero carbon dioxide (CO₂) emissions when combusted.

“Since they can be used in heavy-oil-powered ship engines, which are common on large merchant ships, biofuels are considered a key means of reducing greenhouse gas (GHG) emissions in the transition period from heavy oil to zero-emission fuels,” NYK said. 

“Using biofuel to reduce GHG emissions during sea navigation also contributes to reducing Scope 3 GHG emissions generated by transporting customers’ cargo.”

NYK added it will continue to focus on introducing biofuels and other next-generation fuels, and will contribute to reducing GHG emissions in our customers' supply chains while promoting decarbonisation in marine transport.

 

Photo credit: NYK
Published: 11 February, 2025

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Biofuel

IBIA welcomes IMO move to draft guidance change on carriage of bio bunker fuels

IBIA welcomed agreement by IMO’s Sub Committee on PPR 12 to draft Interim Guidance on the carriage of blends of biofuels and MARPOL Annex I cargoes by conventional bunker ships.

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The International Bunker Industry Association (IBIA) on Monday (10 February) said it submitted a document to IMO on the carriage of biofuels for supply to a ship for use as fuel oil on board that ship in November 2023.

This highlighted that as conventional bunker vessels were limited in carrying fuel oil of no more than 25% biofuel it presented a potential impediment to the global adoption of biofuels as fuel oil for ships and so to the ambition for the decarbonization of international shipping in the short term, as set out in the 2023 IMO GHG Strategy.

“IBIA therefore welcomes the agreement by IMO’s Sub Committee on Pollution Prevention and Response (PPR 12) to draft Interim Guidance on the carriage of blends of biofuels and MARPOL Annex I cargoes by conventional bunker ships,” it said on its website. 

The guidance allows conventional bunker ships certified for carriage of oil fuels under MARPOL Annex I to transport blends of not more than 30% by volume of biofuel, as long as all residues or tank washings are discharged ashore, unless the oil discharge monitoring equipment (ODME) is approved for the biofuel blend(s) being shipped. 

“The Interim Guidance is expected to be approved by IMO’s Marine Environment Protection Committee (MEPC 83) in April,” IBIA added. 

“IBIA’s membership represents stakeholders from across the global marine fuel value chain, and being able to draw on this technically strong and credible resource will, in its role of having consultative status to the IMO, mean that IBIA will continue to bring important matters to the attention of the wider IMO membership for due consideration.”

 

Photo credit: International Bunker Industry Association
Published: 11 February, 2025

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