The following article published by Manifold Times on 22 June 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:
Huangdao Customs has recorded bonded bunker sales at Qingdao port totalling 1.11 million metric tonnes (mt), an increase of 23.6% year-on-year, since the beginning of this year, according to Qingdao Customs District P.R. China.
The statement published in early June said the improved performance was contributed by several factors including the implementation of the “supply to ships first and then customs declaration later” and “multiple supply from one ship” policies.
With these policies in place, a single bunkering vessel can supply bunker fuel to multiple ships within one voyage.
“Now, the convenience and low cost of the bonded ship fuel supply business in Qingdao is becoming more recognised. It has become one of the preferred bunkering ports for domestic and foreign shipowners,” said Li Jian, manager of the ship supply business department of Sinopec Fuel Oil Shandong Co., Ltd.
Li Jian also said the company’s ship fuel supply business has maintained steady growth at Qingdao port.
“Since the beginning of this year, the volume of bonded fuel oil supply ship business has increased by 43% year-on-year,” he notes.
Huangdao Customs also supports the development of cross-customs direct supply business model that has been known as the “direct supply across customs areas”, a change from the traditional “customs transit supply” model.
This model allows bunker fuel oil to be directly supplied to ships docked at ports in nearby port customs areas after leaving the bonded warehouse in its jurisdiction, improving bunker fuel supply efficiency and reducing cost of supply.
Manifold Times previously reported Zhejiang Free Trade Zone implementing a series of innovative models to boost its position to build an international maritime service base including “multiple supply from one ship”, “direct supply across customs areas” and “first supply and then reporting”.
Related: China: Sinopec conducts first bonded lube oil delivery under new Zhoushan operation model
Photo credit: Qingdao Customs District P.R. China
Published: 22 June, 2022
Transferred shares of 40 subsidiaries to BVI firm after tribunal awarded claims in favour of Trinity Seatrading; YSPL has also filed a civil complaint against DNV and Liberian ship registry at Nanjing Maritime Court.
ADNOC L&S, Gulf Energy Maritime, Cockett Marine Oil, Mideast/Bahri Ship Management and VPS experts present their views on biofuel bunker hurdles at the VPS Biofuels Seminar in Dubai on 16 March.
‘Bunker barges operate in very local areas so these vessels call at port very often which means it will be a good fit for women with families,’ states Elpi Petraki, President of WISTA International.
“Our Singapore branch is under preparation and is expected to start business at the republic before June 2023,” Managing Director Darcy Wong tells bunkering publication Manifold Times in an interview.
Development to supply B35 biodiesel blend officially takes effect on 1 February; local bunker suppliers will be able to deliver updated spec within March onwards, once current stocks of B30 avails run out.
VPS, Global Centre for Maritime Decarbonisation, Wilhelmsen Ship Management, and INTERTANKO executives offered a multitude of perspectives to 73 attendees during the VPS Biofuels Seminar, reports Manifold Times.