The bunker sales volume at Zhoushan, China increased by 7.8% on year during June, according to Zhejiang Zhoushan Free Trade Zone data, shared with Manifold Times.
It recorded the bunkering port delivering 385,800 metric tonnes (mt) of marine fuel in June 2019, more than 358,000 mt in June 2018.
To date, a total 1,895,800 mt of marine fuel has been sold at Zhoushan port in 2019 (January to June), 11.8% more than 1,695,800 mt of bunkers during the similar period last year.
A total 3,593,000 mt of marine fuel was sold at Zhoushan port in 2018.
Manifold Times earlier reported the Zhejiang Zhoushan Free Trade Zone Committee developing its own electronic bunker delivery note (E-BDN) system for bonded marine fuel transactions that will be based on mass flowmeter (MFM) technology.
Photo credit: Manifold Times
Published: 10 July, 2019
Garren Hay will be responsible for sales of the PANOLIN range of Environmentally Acceptable Lubricants for the Singapore sole distributor agent Gealubes Consulting & Trading Pte Ltd.
Universal Alliance, BMS United, Digiland International, Goodwood Associates, Southernpec (Singapore), and Taigu Energy were involved in alleged circular fictitious trades of fuel oil during July 2015.
Bunker orders of ISO 8217:2010 spec LS 380 cSt 0.5% for Nord Gemini, Nord Titan, Ocean Rosemary, and Luzern were placed through global commodities trading and logistics house Trafigura Pte Ltd.
While Covid-19 concerns are important, Captain Rahul Choudhuri was quick to note this does not mean bunker fuel related issues have indeed disappeared from the shipping sector.
‘Therefore, representing the players of the Malaysian bunker industry, we sincerely hope that this matter can be refined and reconsidered immediately so that all parties benefit together,’ says communication.
Maureen Poh, a Director of Helmsman LLC, offers plain practical tips on the differences between US and EU Sanctions and shares some thoughts on what companies could do if they are potentially exposed to sanctioned entities.