The following article where information was supplied by our China correspondence was first published by Manifold Times on 13 December. An online translation service was used in the production of the current editorial piece:
The Yantian Port District in Shenzhen is planning to accelerate the development of its liquefied natural gas (LNG) sector, setting standards for China’s emerging “green transportation” industry, according to local reports on Friday (10 December).
In the 35 years of development of Shenzhen, Yantian Port District has invested more than 1 billion yuan (USD 1.5 billion) to promote the region’s environmental protection, infrastructure construction and energy-saving equipment transformation.
The official launch of construction works for China’s first offshore international LNG bunkering center on 3 June, 2021 at Yantian Port, Shenzhen is also amongst the LNG projects targeted at the domestic and international markets.
The project is jointly supported by the Yantian District Government of Shenzhen City, PetroChina and Natural Gas Company and Shenzhen Gas Group.
The LNG bunkering center will further be supported by a 8,000-10,000 m3 capacity bunkering tanker built to supply LNG as a bunker fuel to international ships.
The LNG bunkering facility is expected to sell about 2 million tonnes of fuel to international vessels per year, adding an annual revenue output value of 10 billion yuan (USD 1.5 billion) for the region.
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.