Business

Guangzhou unveils grand plans for its bonded bunkering sector at launch event

Guangzhou, Shenzhen and Hong Kong plans to develop a “super bunkering hub” in the Guangdong-Hong Kong-Macao Greater Bay Area, says official.

Published

4 years ago

March 8, 2022

Admin

Editor’s Note [12 April 2022]: Article updated to reflect the correct English company name of 广州元亨仓储有限公司, which is Guangzhou Circle Storage Co., Ltd.

The following article published by Manifold Times on 8 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:

About 250 delegates attended the Guangzhou International Voyage Vessel Bonded Oil Bunkering Launch Event and International Oil Merchant Cooperation and Development Conference at the Guangzhou Yuexiu International Conference Center on 28 February.

The meeting was presided by Deng Maoying, Deputy Secretary General of the Municipal Government, and other Chinese officials who celebrated the increasing momentum of Guangzhou’s bunkering sector which received further support from the China’s central government in 2021.

Hong Qian, Director of the Municipal Bureau of Commerce, and Dong Ke, the Mayor of Nansha District, met with Guangzhou Circle Storage Co., Ltd. [广州元亨仓储有限公司] ~~Guangzhou Yuanheng Warehousing Co., Ltd.~~ and Guangzhou Development Bipi Oil Products which have been approved to carry out bonded bunkering operations for ships on international voyages.

A total of seven bonded bunker oil-related projects with a contract value of RMB 1.3 billion (USD 210 million) was signed at the event.

The China (Guangzhou) International Trade “Single Window” Information Service Platform for Bunker Fuel Supply for International Navigation Vessels, and an exclusive “Bunker Insurance” service provided by the Bank of China Guangzhou Branch were also simultaneously launched.

China Shipowners Association welcomes development

Bonded bunkering operations are an important indicator to measure the internationalisation level and supporting service level of the port, according to Zhang Shouguo, Executive Vice President of the China Shipowners Association.

The Guangdong-Hong Kong-Macao Greater Bay Area has the largest seaport group and airport group in the world. In 2021, Guangdong Province strongly supported Guangzhou City by implementing a pilot project to license bonded marine fuel operations. The development will promote bonded bunkering operations in the Guangdong-Hong Kong-Macao Greater Bay Area.

On 18 February 2022, the “Notice of the General Office of the Guangzhou Municipal People’s Government on Printing and Distributing the Interim Measures for the Administration of Bonded Bunkering of Ships on International Voyages in Guangzhou” was officially issued.

This marked the official launch of Guangzhou’s pilot program for undertaking bunkering licenses for ships on international voyages. Enterprises can apply to Guangzhou to carry out bonded bunkering business for ships on international voyages, and carry out direct supply of bonded oil within the scope of Guangdong Province.

“Ship bonded oil bunkering operations, which coordinate the direct supply business of bonded oil in cross-customs areas in the waters of the province, will help accelerate the development of the international shipping industry in the Guangdong-Hong Kong-Macao Greater Bay Area,” stated Huang Xin.

Construction of “super bunkering hub” in Guangdong-Hong Kong-Macao Greater Bay Area

Chen Jie, Deputy Mayor and Secretary General of Guangzhou City, said Guangzhou will firmly grasp the opportunity of the pilot project which allowed the provincial government to directly offer bonded bunkering licenses to oil companies.

Next, Guangzhou will work together with Shenzhen and Hong Kong to promote the development of a “super bunkering hub” in the Guangdong-Hong Kong-Macao Greater Bay Area to further optimise the region’s bonded marine oil market structure.

Dong Ke, the Mayor of Nansha District, said it has issued supporting policies to subsidise the rental of oil storage tanks in Nansha District and partially finance the installation of bonded bunker fuel supply monitoring facilities and information management systems to reduce operating costs for new bonded oil supply enterprises.

In addition, Nansha Customs has implemented business models such as paperless customs declarations and “reporting after supply” to improve the efficiency of bunkering operations.

It is also actively exploring various supervision modes such as “multiple supply from one ship” and “separate declaration” for outside port bunkering operations, amongst others, in order to enhance the business flexibility of bonded oil supply enterprises and improve the utilisation rate of local oil depots.

Photo credit: Loeng Lig on Unsplash
Published: 8 March, 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