PetroChina International South China Co., Ltd., a wholly-owned subsidiary of PetroChina Company Limited, on Tuesday (23 August) obtained a bonded bunkering business licence from the Guangzhou Municipal Bureau of Commerce.
The leading enterprise of bonded fuel oil in Nansha District became the fourth and latest company to be granted such a licence by the local authority after three other local players, namely PetroChina Fuel Oil Co., Ltd, Guangzhou Development Bibi Youpin Co., Ltd. and Guangzhou Circle Storage Co., Ltd., obtained the same licence from February to July this year.
According to a representative of PetroChina International South China, the firm has appointed a professional agency, Guangdong Sealand Express International Shipping Agency Co., Ltd., to handle the supply and transportation of marine fuel.
The licences granted to the four companies will help increase the supply of bonded fuel while enhancing Nansha’s position as a port and international shipping hub.
From January to July this year, Nansha Port has 150 foreign trade routes, with a container throughput of 10,494,400 TEUs. The total storage tank capacity of Xiaohu Chemical Industrial Area is 3,174,300 cubic metres (m3).
The local authority has actively promoted the bonded bunkering fuel business including expanding the bonded LNG bunkering business.
On 16 August, the “Guiding Opinions of Guangzhou on Carrying out Bonded LNG Bunkering Business for International Voyage Vessels” was issued to further optimise and improve Guangzhou’s international business environment, enrich the port’s supply chain, and create a platform for ship supply trade.
Manifold Times previously reported Guangzhou Development Bibi Youpin Co., Ltd. and Guangzhou Circle Storage Co., Ltd. have completed bonded fuel delivery operations on 10 March and 12 April respectively.
Disclaimer: The above article published by Manifold Times was sourced from China’s domestic market through a local correspondent. While considerable efforts have been taken to verify its accuracy through a professional translator and processed from sources believed to be reliable, no warranty is made regarding the accuracy, completeness and reliability of any information.
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Photo credit: Manifold Times
Published: 5 September, 2022
Both parties signed a design contract following the success of first domestic pure electric tugboat “Yungang Electric Tug No. 1” delivered to Lianyungang Port Group in 2021.
System includes a liquid ammonia bunkering unit, ammonia storage unit, heat exchange and supply unit, ammonia vapour processing unit, and security and monitoring system.
Free entry for shipowners of ocean going vessels; companies registering two delegates able to obtain free pass.
‘Digital platforms will be able to compliment bunker trading by reducing hassle, and increasing accountability, but nothing can replace the human factor,’ said Søren Høll.
Fujcon 2021 set to take place on March 23-24 at 10:00am (UAE time); nearly 400 participants registered for #Fujcon2021 and Fujairah Bunkering Week events.
Ecobunker said it will continue to promote eco-friendly bunker fuel, and contribute to develop Tokyo Bay as one of the world’s leading LNG bunkering hubs.
Current ISO 8217 bunker fuel standard not comprehensive enough for biofuels; National Mirror Committee working with local players to develop more comprehensive biofuels standard for Singapore, says Capt. Rahul.
‘There are some important differences between VLSFO and biofuels, and as a result, parties should consider whether additional changes should be made to biofuel bunker contracts,’ says Paul Collier.
Quek Rong Hong first joined Shell sometime in 2005 and had held the position of Blending Specialist from November 2017. At the time of arrest, his monthly basic salary was about SGD 4,300, showed documents.
Glencore previously commenced Singapore International Arbitration Centre Emergency Applications against Straits Pinnacle but those applications were dismissed, according to documents obtained by Manifold Times.
Captain Segar, MPA Assistant Chief Executive, Operations, to be also joining IBIA for the game where proceeds will be channelled into an IBIA Bursary Fund for supporting students to obtain a maritime studies degree.
‘Consort Bunkers will be operating the youngest bunkering fleet in Singapore after complete delivery of the ‘K’ series vessels by late-2023,’ Mr SK Yeo, Founder of Consort Bunkers, tells Manifold Times.
