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Guangzhou: First bonded bunkering op starts under new licensing scheme

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Bunker tanker “Guangzhou Rongsheng 6” delivered 350 mt of bonded bunker fuel to the Panama-registered “MV Flying Loong” on Saturday.
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The following article published by Manifold Times on 16 March 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 first bonded bunkering operation organised under a new licensing scheme to support provincial oil enterprises at Guangzhou took place on Saturday (12 March), according to Yangcheng Evening News.

The marine refuelling operation oversaw the bunker tanker Guangzhou Rongsheng 6 delivering 350 metric tonnes (mt) of bonded bunker fuel to the Panama-registered MV Flying Loong along the No. 1 berth of Nansha Zhudian Wharf.

Guangzhou has been making progress to stimulate its regional bunkering sector, after receiving permission from the State Council of China in late 2021 allowing the province to issue local bonded bunkering licenses.

A chronological order of earlier events leading to the current development has been recorded by bunkering publication Manifold Times:

Related: Guangzhou unveils grand plans for its bonded bunkering sector at launch event
Related: PetroChina enters agreement to support Guangzhou “super bunkering hub” plan
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
Related: China: Guangzhou approves “Interim Measures” for more bonded bunkering firms
Related: PetroChina Guangdong project to add 2.6 million mt of low sulphur marine fuel capacity
Related: China: Guangzhou bunkering volumes up 183% YTD on policy improvements
Related: Emergence of China’s marine fuels industry challenges Singapore’s dominant position
Related: Chinese government issues bonded bunkering permission at Guangzhou port

 

Photo credit: Yangcheng Evening News
Published: 16 March, 2022