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Guangzhou Circle Storage completes first bunker ops under revised delivery model

13 Apr 2022

The following article published by Manifold Times on 12 April was sourced from a local correspondent from China.

Guangzhou Circle Storage Co., Ltd. [广州元亨仓储有限公], which received a bonded bunkering business licence from the Guangzhou Municipal Government in late February, embarked on operational milestones on Monday (11 April).

It became the first local oil enterprise to successfully complete bunker fuel deliveries under the new “multiple supply from one ship” and “direct supply across customs areas” bunkering models, a Chinese source told Singapore bunkering publication Manifold Times.

Previously, Chinese bunker tankers were restricted to only performing a single bunkering operation at one port per trip.

The recent development saw Guangzhou Circle Storage using the bunkering vessel Yue Hang You 3 to supply 630 metric tonnes (mt) of bonded fuel to Eastern Gardenia, while the bulk carrier was undergoing coal unloading operations at Dongguan Xinsha Wharf.

The bunker tanker later sailed to the Wharf of Huangpu Old Port to deliver 140 mt of bonded fuel to Sea Brave, while the bulker was unloading steel.

The total amount of both marine fuel orders was valued at approximately USD 680,000.

Guangzhou Circle Storage Co., Ltd.Related: Guangzhou unveils grand plans for its bonded bunkering sector at launch event
Related: China: Bonded bunkering and oil conference held at Guangzhou in late February
Related: China: Guangzhou issues bonded bunkering business licences to two local players 


Photo credit: Guangzhou Circle Storage Co., Ltd.
Published: 12 April, 2022

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