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China: Zhoushan maritime and bunkering sector undergoes expansion in 2021

A total of 4.38 million mt of bonded oil supply deliveries, an on year increase of 19.1%, was conducted at the Northeast Asia bunkering port of Zhoushan between January to October.

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Zhejiang Free Trade Zone Manifold Times

The following article where information was supplied by our China correspondence was first published by Manifold Times on 13 December. An online translation service was used in the production of the current editorial piece:

The Zhejiang Provincial Department of Transportation on Thursday (9 December) said Zhoushan City has been continuously expanding its industrial and maritime services since the start of 2021 as part of activities to support the local bunkering sector.

From January to October 2021, Zhoushan completed 4.38 million metric tonnes (mt) of bonded oil supply deliveries, representing an on year increase of 19.1%. Total sales of 31.8 billion yuan (USD 49.8 billion) for its maritime services were recorded.

The government body, meanwhile, shared three areas of development it undertook as part of expansion plans in 2021.

The first area was the acceleration of the construction of parks and expansion of industrial clusters to promote the gathering of enterprises and institutions such as warehousing and logistics, ship supply, voyage repair, inspection, and crew services. As such, firms including Longyi Logistics and Ningxing Enterprises have started operations within the region.

The second area of development was to improve supporting elements in order to ensure service capabilities. This led to the integration of the fuel supply operations at Huzhou in the Yangtze River Delta and the normalisation of night berthing and refueling at anchorages in the port area, with the addition of  four refueling points at the northern Shulang Lake anchorage, increasing the number of fuel-supply points to 22. 

Initiatives have also resulted in the introduction of the world’s first “Anchorage Fuel Supply Meteorological Index” for Zhoushan, and an increase in the number of operating days per year at the Mazhi Anchorage and Xiushan Anchorage by about 200 days, and the Tiaoqimen and Xiazhimen Anchorages by about 180 days. 

The period also saw the launch of the country’s first paperless pilot program for the direct supply of bonded fuel oil across customs areas and an upgraded version 2.0 of a bonded oil intelligent scheduling programme, increasing the anchorage utilisation rate by 30%.

The third area of development was the improvement of innovation platforms and expansion of the industrial chain at Zhejiang which resulted in the construction of a “ship transaction + data service + financial service” platform and the formation of an online industrial chain integrating ship trading, auction, evaluation, domestic and international brokerage. The platform saw 5.516 billion yuan of ship transactions completed from January to October 2021.

There were also plans to build the “green ship repair” business at Zhoushan which involved the allocation of special funds and technical support for the upgrading and transformation of enterprise equipment and production technology.  From January to October, the output value of ocean ship repair is expected to reach 5 billion yuan. 

Related: China: Pilot digital trial reduces documentation time for Zhoushan bunkering ops

 

Photo credit: Manifold Times
Published: 13 December, 2021

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Business

FLEX Commodities appoints Euwyn Tan as Senior Marine Fuels Trader in Singapore

Tan has experience across the marine fuels, bunkering and shipping markets, with a strong background in trading, procurement, commercial negotiations and developing relationships.

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FLEX Commodities appoints Euwyn Tan as Senior Marine Fuels Trader in Singapore

Dubai-based bunker trading firm FLEX Commodities FZCO (FLEX) on Monday (7 September) announced the appointment of Euwyn Tan as its Senior Marine Fuels Trader based in Singapore.

Tan has experience across the marine fuels, bunkering and shipping markets, with a strong background in trading, procurement, commercial negotiations and developing relationships with shipowners and charterers across Asia and Europe.

Before FLEX, he was a Bunker Trading Manager in Propeller Fuels from 2023 to this month. 

“Based in Singapore, Euwyn will play an important role in strengthening FLEX Commodities’ marine fuels trading capabilities and expanding our presence across the Asian market,” the company said in a social media post. 

“We are delighted to have Euwyn on board and look forward to his contribution as we continue to grow our global trading business.”

 

Photo credit: FLEX Commodities
Published: 8 September, 2026

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LNG Bunkering

Osaka Gas conducts Osaka Bay’s first STS LNG bunkering operation

Acting through Singapore-based marine fuel trading firm Integr8 Fuels, Osaka Gas supplied LNG bunker fuel to an LNG-fuelled PCTC operated by an overseas shipping company calling at the Port of Kobe.

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Osaka Gas conducts Osaka Bay’s first STS LNG bunkering operation

Japanese energy company Osaka Gas on Friday (4 September) said it has successfully completed the first-ever ship-to-ship LNG bunkering operation in Osaka Bay, supplying LNG fuel to an LNG-fuelled PCTC.

The operation was conducted using SETO AZURE, an LNG bunkering vessel owned by Osaka Bay LNG Shipping Co Ltd, an affiliated company of Osaka Gas. 

Acting through Integr8 Fuels Pte Ltd, a Singapore-based marine fuel trading company, Osaka Gas supplied LNG fuel to an LNG-fuelled PCTC operated by an overseas shipping company calling at the Port of Kobe.

Ship-to-ship bunkering will help ensure a stable supply of LNG fuel in the Osaka Bay area and support the development of the Port of Kobe as a Carbon Neutral Port.

In addition to ship-to-ship bunkering, Osaka Gas provides LNG fuel through truck-to-ship bunkering and port-to-ship bunkering. With capability covering all three major LNG bunkering methods, Osaka Gas provides flexible and reliable LNG fuel supply services to meet customers’ diverse needs.

The company said LNG bunkering infrastructure in Japan remains insufficient, highlighting the need to establish a stable fuel supply network to support the wider adoption of LNG-fuelled vessels.

 

Photo credit: Osaka Gas
Published: 8 September, 2026

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Bunker Fuel

Bunker Holding, Dan-Bunkering to join USTC units at new Copenhagen hub

Employees from Bunker Holding, Dan-Bunkering, Global Risk Management, CM Biomass, Unit IT, Uni-Tankers, Selfinvest, and USTC will all be based together in a new shared USTC Hub.

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Bunker Holding, Dan-Bunkering to join USTC companies at new Copenhagen hub

The owners and management of Danish-owned USTC have decided to consolidate the Group’s offices in the Greater Copenhagen area in a new shared USTC Hub, according to the Group on Monday (7 September). 

Employees from Bunker Holding, Dan-Bunkering, Global Risk Management, CM Biomass, Unit IT, Uni-Tankers, Selfinvest, and USTC will all be based together in the new USTC Hub. 

The lease will take effect on 1 December 2026, with employees and companies moving into the new hub in phases thereafter.

The chosen location is the brand-new Marmormolen development in Nordhavn, which will accommodate more than 150 workstations from across the Group’s companies under one roof.

The USTC Hub will provide better opportunities for the companies to connect and make the most of the possibilities that arise when independent businesses work in closer proximity. In that sense, the hub is a tangible expression of USTC’s approach: strong business acumen, a sense of cohesion and a keen eye for opportunities across the Group.

“In locations such as Houston and Singapore, we already have USTC Hubs where several of our companies are based together. This has created strong professional communities and valuable synergies across our organisation. We have therefore wanted to establish a similar concept in Copenhagen for some time. At the same time, the experience gained from our existing hubs will help us assess opportunities for additional hubs in other parts of the world where they make sound business sense,” said Nina Østergaard, co-owner and CEO of USTC.

The USTC Hub will span more than 3,000 square metres on the sixth floor of Marmormolen and will offer access to rooftop terraces as well as a range of shared facilities. This will provide an ideal setting for both formal and informal interactions across companies and teams.

According to Østergaard, however, the ambition is not to make the companies more alike.

“The hub is intended to be a platform for closer collaboration and knowledge sharing, but the aim is not to make our companies the same. Quite the opposite. Their differences are an important part of our strength. Each company has its own capabilities and direction. But by bringing people closer together, we create better opportunities to learn from each other, build bridges and make better use of the strengths that exist across our organisation,” said Østergaard.

The establishment of the USTC Hub will also support USTC’s ambitions for continued growth while creating a more attractive professional environment for employees.

“We are a Danish Group with offices around the world, and we have ambitions to continue developing. That makes it important for us to have a strong base in Copenhagen. It brings us closer to businesses, professional communities and some of the capabilities we will need in the future. At the same time, it gives us a stronger hand when it comes to attracting talented people,” said Østergaard.

“Our companies should, of course, retain their own identity. But it is equally important that there is something that connects us. To me, that includes strong business acumen, a sense of responsibility, keeping the distance from idea to action short, and staying close to the business.”

 

Photo credit: USTC
Published: 8 September, 2026

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