Business

Shanghai issues first batch of bonded bunkering licences to two local players

PetroChina SIPG Energy and Shanghai Fuyuan Fuel Oil became the first two companies to be granted the licences by Shanghai Municipal Commission of Commerce.

Published

4 years ago

August 26, 2022

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PetroChina SIPG Energy Co., Ltd. and Shanghai Fuyuan Fuel Oil Co., Ltd. on Tuesday (23 August) became the first two companies to obtain bonded bunkering business licences from the Shanghai Municipal Commission of Commerce.

PetroChina had previously established Shanghai Fuyuan Fuel Oil Co., Ltd. in the Yangshan Special Comprehensive Bonded Zone. With the licences, PetroChina’s goal is to achieve a bonded bunkering volume of 1 million metric tonnes (mt) per year, which is expected to bring in RMB 3.5 billion (USD 510 million) per year in commodity sales.

Cui Xiangmi, general manager of Shanghai Fuyuan Fuel Oil Co., Ltd., said obtaining the licence is of great significance for enterprises to open up the bonded marine fuel market in Shanghai.

“Shanghai is an international shipping centre and the world’s largest container port, providing a very large market and space for the bunkering business of bonded ships,” he said.

“Our preliminary work has been sufficient. Once we’ve officially received the licence, we will strive to complete the first bonded fuel delivery operation in one month.”

Following this, Yu Ling, deputy director of the Foreign Trade Development Department of the Shanghai Municipal Commission of Commerce, expressed hope that more companies capable of carrying out bonded bunkering operations would apply for the local licence in Shanghai. “There will be a second and third batch following this,” he said.

On the same day, 17 key enterprises involved in the bonded bunkering business and other fields signed contracts to set up a base in Yangshan Special Comprehensive Bonded Zone, with a total investment of more than RMB 11 billion.

Based on these contracts, three companies intend to apply for local licences for bonded fuel bunkering for ships on international voyages in the zone.

Among them, Baowu Resources Co., Ltd., a subsidiary of Baowu Group, established ShanghaiBao Changran Energy Development Co., Ltd. in the Yangshan Special Comprehensive Bonded Zone. It plans to gradually put into operation more than 10 bunkering vessels, with the goal of achieving 700,000 mt/year of bonded fuel refuelling.

The second is Xiamen Xiangyu Group established Xiangyu Petroleum (Shanghai) Co., Ltd. Lastly, Shanghai Xingaoying Energy Technology Co., Ltd., one of the seven self-operated members of the Shanghai Futures Exchange, which established Shanghai YouNaer Energy Co., Ltd in the Yangshan Special Comprehensive Bonded Zone, with the goal of releasing 500,000 mt/year of bonded fuel quantity.

Additionally, the bunkering of bonded liquefied natural gas (LNG) for ships on international voyages plays an important part of the bonded fuel supply service in Shanghai.

As of August 15, PetroChina SIPG has completed 11 bonded LNG bunkering operations for international voyages at Yangshan Port, with a total bunker fuel volume of about 63,000 cubic meters (m3).

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.

Photo credit: Dimitry Anikin on Unsplash
Published: 26 August, 2022

Legal

Shell Singapore charged over Pulau Bukom oil leaks, reporting delays

Shell faces four charges under Singapore’s Prevention of Pollution of the Sea Act over two 2024 oil discharge incidents at its Pulau Bukom facility.

Published

1 day ago

September 25, 2026

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2 MPA craft (left) supporting Shell craft in the clean up operations of the oil sheens taken on 28 Dec 9am

Shell Singapore has been charged over two incidents in 2024 involving oily mixtures discharged into Singapore waters from its facilities at Pulau Bukom, according to media reports on Tuesday (22 September).

The company faces four charges under the Prevention of Pollution of the Sea Act, including allegations that it failed to report the discharges to the port master immediately.

The first incident occurred on 20 October 2024, when approximately 40 metric tonnes (mt) of oily mixture was discharged through a hole in a pipeline at the Shell Singapore Energy and Chemicals Park at about 8am.

Shell is accused of reporting the incident to the port master at about 12.55pm, several hours after the discharge occurred.

The second incident took place between 26 and 28 December 2024. An estimated 485kg to 956kg of oil mixture was discharged into Singapore waters from the same facility.

Shell is accused of failing to report the incident immediately, with notification to the port master made at about 11.50am on 26 December 2024, according to the charges.

Singapore’s pollution-prevention regulations require occupiers of such facilities to report oil or oily-mixture discharges into Singapore waters “without delay and to the fullest extent possible”.

Shell’s representative requested an eight-week adjournment at the 22 September hearing, citing the need to obtain internal instructions, appoint counsel and locate historical records. The company said the business associated with the incidents had been divested in 2025.

The case was adjourned to October. Shell is also facing prosecution by Singapore’s National Environment Agency over the same incidents.

Photo credit: Maritime and Port Authority of Singapore
Published: 25 September, 2026

Incident

MPA probes Singapore Strait collision involving fishing vessel, bulk carrier

MPA says there were no reported injuries among the crew of either vessel in the incident involving China-registered fishing vessel “Lu Qing Yuan Yu” and Panama-registered bulk carrier “First Margaux” .

Published

1 day ago

September 25, 2026

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Panama-registered bulk carrier “First Margaux”

The Maritime and Port Authority of Singapore (MPA) on Tuesday (22 September) said it is investigating the incident involving the China-registered fishing vessel Lu Qing Yuan Yu and the Panama-registered bulk carrier First Margaux in the Singapore Strait on 17 September.

MPA said there were no reported injuries among the crew of either vessel or pollution arising from the incident and navigational traffic was not affected.

Videos circulating on social media showed the bulk carrier colliding with the fishing vessel.

“The fishing vessel took on water during the incident but remained afloat and stable, with the crew taking measures to manage the situation onboard,” MPA said.

The vessel was subsequently towed to Raffles Reserved Anchorage for assessment.

Essential crew remained onboard to support the tow, while the Singapore Civil Defence Force supported the transfer of other crew to shore.

MPA added it also issued navigational safety broadcasts to keep other vessels clear of the tow and escorted the vessel into port with a MPA craft.

Photo credit: MarineTraffic / Arnold Pohen
Published: 25 September, 2026

Mass Flowmeter

TFG Marine deploys first MFM-equipped bunker barge in Jamaica

Bunker barge “Kingston Trader” is currently on its way to Jamaica following the successful installation of a Coriolis mass flow meter (MFM) system, certified to ISO 22192.

Published

1 day ago

September 25, 2026

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TFG Marine deploys first MFM-equipped bunker barge in Jamaica

Global marine fuel supply and procurement firm TFG Marine on Thursday (24 September) said its bunker barge Kingston Trader is currently on its way to Jamaica following the successful installation of a Coriolis mass flow meter (MFM) system, certified to ISO 22192.

The company said the latest installation brings the proportion of TFG Marine’s fleet equipped with MFMs to approximately 88%, marking another step in the continued rollout of this technology across its global bunkering operations.

“The barge will operate in Jamaica through our local partnership with Scott Petroleum, becoming the first bunkering vessel in the region equipped with this technology and bringing greater accuracy, transparency and assurance to fuel measurement for customers across the Caribbean,” TFG Marine said in a social media post.

“Together with Scott Petroleum, we look forward to working collaboratively with the Maritime Authority of Jamaica, the The Port Authority of Jamaica, Petrojam Limited and other stakeholders to share our experience of MFM technology, explore its wider benefits and support the continued development of bunkering standards across the region.”

Manifold Times previously reported TFG Marine continuing to expand MFM technology across its US Gulf Coast bunker fleet with Buffalo B414 and Buffalo B304 being fitted with the equipment.

Last year, TFG Marine announced it reached a key milestone in its global digitalisation programme with the installation of an ISO 22192-compliant MFM on the Buffalo 404, a barge on time charter from American bunker barge company Buffalo Marine Service Inc.

The installation was part of TFG Marine’s wider strategy to equip close to 90% of its global bunkering fleet with MFMs by 2026 as a commitment towards improving data integrity, streamlining operations and strengthening trust in marine fuel transactions.

Photo credit: TFG Marine
Published: 25 September, 2026