Disclaimer: An online translation service was used in the production of the current editorial piece.
The Chinese State Council has given permission for bonded bunkering operations to be carried out at Guangdong province, according to the official document ‘Opinions of the State Council on Launching Pilot Work on Business Environment Innovation’ published on 25 November.
The permission, issued under a pilot programme to enhance regional business environment, allows selected Guangzhou and Shenzhen bonded bunkering firms to directly conduct bonded bunkering operations in Guangdong Province.
In the first three quarters of 2021, a total of 4,593 foreign trade ships arrived at facilities operated by the Guangzhou Port Group, up by 473 on year and 11.4% last year. Traffic from foreign trade container liners increased by about 16.6% on year.
At present, Guangzhou port has 310 storage tanks with a total storage capacity of more than 3.1743 million cubic meters.
Editor’s note: The original ‘Opinions of the State Council on Launching Pilot Work on Business Environment Innovation’ can be obtained here.
Webinar will offer delegates insights on the prevention of operational issues when using VLSFOs, along with an update on biofuels and bunker fuel quality trends for 2021 and its forecast for the current year.
Heating VLSFOs to prevent cold flow issues causes issues related to distillate ageing, and there is a gentle balance to be maintained when handling the product.
Research into n-paraffin distribution of VLSFOs has shown that they not only differ from MGO, but significantly differ from each other as well, states bulletin.
Bunker Holding and Dan-Bunkering have decided not to appeal the city court ruling in the case where the companies were on trial for breaching EU sanctions against Syria, states USTC.
Poll shows market participants think Singapore’s future as a bunkering hub in the near term will be impacted most by growth in alternative bunker fuels and intensifying competition from other ports in Asia.
‘We will now take the necessary time to consider and evaluate the verdict and the premises of the verdict thoroughly before making any decision of whether to appeal to a higher court,’ informs company.