Business

Guangzhou govt issues bonded bunkering licence to PetroChina subsidiary

PetroChina Fuel Oil Company Limited became the third and latest company to be granted the licence by Guangzhou in an effort to expand regional bunkering operations.

Published

4 years ago

July 7, 2022

Admin

Editor’s Note: ‘PetroChina Fuel Oil Co., Ltd’ has been changed to ‘Guangzhou PetroChina Fuel Oil Co., Ltd.’ while ‘Guangzhou Municipal Government’ has been changed to ‘Guangzhou Municipal Bureau of Commerce’ to better reflect the accuracy of the names.

The following article published by Manifold Times on 7 July 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:

Guangzhou PetroChina Fuel Oil Co., Ltd, a wholly-owned subsidiary of PetroChina Company Limited, on Tuesday (5 July) obtained a bonded bunkering business licence from the Guangzhou Municipal Bureau of Commerce.

The leading supplier for bonded bunker fuel in the Nansha area became the third and latest company to be granted such a licence by the local authority after two other local players, namely Guangzhou Development Bibi Youpin Co., Ltd. and Guangzhou Circle Storage Co., Ltd., obtained the licence in February.

Guangzhou PetroChina Fuel Oil is capable of mobilising its refineries in South China to export about three million metric tonnes (mt) of low-sulphur marine fuel per year for ships on international routes, according to the local authority.

“Compared with important oil supply ports in Singapore and other places, Guangzhou Port, as an international hub port, is currently experiencing a gap between the scale of bonded oil supply and port development so there is a huge market prospect,” said a representative of Guangzhou PetroChina Fuel Oil.

“Nansha has complete petrochemical storage facilities and obvious location advantages. Nansha has become the centre of the world’s attention, and we have full confidence in the development of the bonded bunkering business in Nansha.”

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.

To date, the total bonded fuel delivery is about 1,120 metric tonne (mt) with a total value of about RMB 6.3 million.

The recent development builds on the “Interim Measures for the Administration of Bonded Bunkering of International Voyage Vessels in Guangzhou” which was approved by local authorities in February this year.

The interim measures, introduced to enhance international trade at Guangzhou, allows local oil companies to obtain bonded bunkering business licences directly from the local government; instead of from the Chinese State Council.

Oil storage and distribution operations at Guangdong province are currently supported by the Nansha Xiaohu Island Petrochemical Zone. The area has 310 storage tanks with a total storage capacity of more than 3,174,300 cubic meters and 46 berths.

The Nansha area of Guangzhou Port is located in the centre of the Greater Bay Area. It can reach Zhongshan, Zhuhai, Jiangmen, Foshan and Dongguan within an hour, and can cover more than 80% of the province’s ship refuelling market within five hours.

According to data by the local authority, Guangzhou Port has a net increase of 13 foreign trade container liner routes from January to June.

As of June 2022, Guangzhou Port Group has a total of 199 container liner routes, including 154 foreign trade routes (16 in Europe, 13 in the Americas, 17 in the Middle East, India and Pakistan, 82 in Asia, 22 in Africa, and 4 in Australia and New Zealand) and 45 domestic trade routes.

Nansha port area has opened 180 liner routes, including 148 foreign trade routes and 32 domestic trade routes.

Photo credit: Manifold Times
Published: 7 July, 2022

LNG Bunkering

Singapore: Eastern Pacific Shipping hits 700 LNG bunkering milestone

Since commencing LNG bunkering operations in November 2020, the company said it has completed a total LNG bunkering volume of 2,920,191 cubic metres.

Published

15 hours ago

August 18, 2026

Admin

Singapore: Eastern Pacific Shipping hits 700 LNG bunkering milestone

Singapore-based shipping firm Eastern Pacific Shipping (EPS) on Monday (17 August) said the company has successfully completed its 700th LNG bunkering operation, carried out for vehicle carrier Lake Victoria in Emden, Germany.

Since commencing LNG bunkering operations in November 2020, the company said it has completed a total LNG bunkering volume of 2,920,191 cubic metres (m3).

“Reaching 700 LNG bunkering operations reflects not only the scale of our investment in alternative-fuel capabilities, but also the experience, coordination and commitment of our teams at sea and ashore,” EPS said in a social media post.

“As we continue to grow and diversify our fleet, every operation adds to the practical experience needed to support shipping’s energy transition.”

Manifold Times previously reported the company completed a total of 530 LNG bunkering operations with over 2.4 million m3 of LNG bunkered, from the start of recorded data to 31 Dec 2025.

In its 2026 ESG Report, EPS said its fleet is among the largest dual-fuel fleets in the industry, with over 170 vessels designed to operate on alternative fuels.

In 2025, 25% of the fuel consumed by EPS fleet were alternative marine fuels, including LNG, LPG, ethane, and biofuels.

Photo credit: Eastern Pacific Shipping
Published: 18 August, 2026

LNG Bunkering

Yang Ming dual-fuel vessel completes first SIMOPS LNG bunkering operation in Shanghai

“YM Willpower” successfully received around 2,000 mt of LNG alongside active cargo handling, significantly enhancing operational efficiency during the port call.

Published

15 hours ago

August 18, 2026

Admin

Yang Ming dual-fuel vessel completes first SIMOPS LNG bunkering operation in Shanghai

Taiwanese shipping firm Yang Ming Marine Transport Corporation (Yang Ming) on Monday (17 August) said its 15,500 TEU LNG dual-fuel vessel, YM Willpower, successfully completed its first-ever LNG bunkering operation via SIMOPS (Simultaneous Operations) at the Port of Shanghai.

Through close collaboration with Shanghai International Port (Group) and SIPG Energy Shanghai, the vessel successfully received around 2,000 metric tonnes (mt) of LNG alongside active cargo handling, significantly enhancing operational efficiency during the port call.

With LNG dual-fuel technology, the company said it is continuing to expand alternative-fuel bunkering capabilities, enhance operational flexibility and efficiency and advance lower-carbon shipping solutions.

Manifold Times previously reported YM Willpower completing its first bunkering operation in Singapore.

In 2026, Yang Ming will progressively introduce newly built 15,500 TEU class container vessels primarily fueled by liquefied natural gas (LNG) into its operating fleet.

The lead vessel, YM Willpower, completed partial LNG bunkering at the shipyard prior to delivery and was officially deployed on 8 February into Yang Ming’s Far East–Mediterranean MD2 service.

Photo credit: Yang Ming Marine Transport Corporation
Published: 18 August, 2026

Methanol

Fratelli Cosulich launches methanol-ready bunker tanker in China

Designed with MarineLINE-coated cargo tanks and methanol readiness from the outset, “Carlotta Cosulich” combines operational flexibility with future-fuel readiness.

Published

15 hours ago

August 18, 2026

Admin

Fratelli Cosulich launches methanol-ready bunker tanker in China

Genoa-based marine fuel supplier Fratelli Cosulich on Monday (17 August) announced the launch of its new methanol-ready bunker IMO II tanker, Carlotta Cosulich.

The launch of Carlotta Cosulich, the third of four sister vessels, took place at Taizhou Maple Leaf Shipyard in China, bringing together the project team, partners and stakeholders.

Silvia Bordon, General Manager, served as the vessel’s godmother during the ceremony.

“Designed with MarineLINE-coated cargo tanks and methanol readiness from the outset, Carlotta Cosulich combines operational flexibility with future-fuel readiness,” the company said in a statement.

Equipped with a five-tonne cargo crane and dedicated arrangements for Single Point Mooring (SPM) operations further enhances her versatility across a wider range of bunkering operations.

“Following the successful delivery of her two sister vessels, she brings us one step closer to completing this four-vessel programme and reinforces Fratelli Cosulich Group’s commitment to safety, innovation, sustainability and operational excellence,” the company added.

Photo credit: Fratelli Cosulich
Published: 18 August, 2026