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Singapore-based trading firm Synergy Asia Bunkering opens for business

Vietnam specialist bunker trading firm ‘bridges gap’ between international shipowners and local suppliers by providing range of intermediary services, says Director.

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Synergy Asia Bunkering (SAB), a Singapore-based bunker trading firm specialising in deliveries of marine fuel within the Vietnam market, is now officially open for business, says its Director.

“I was part of the Vietnam bunkering industry since 2011 and found several shipowners and customers overlooking it as a bunkering port due to potential disputes, issues with ISO specs and other factors,” Steven Low told Manifold Times in an exclusive interview.

“We have heard concerns from owners on bunkering in Vietnam covering quality and quantity, and the acceptance of one-sided contractual terms and conditions.

“As a solution provider familiar with these problems, I thought it will be a good idea to start a business focusing on this niche area to offer confidence to shipowners calling at Vietnam for bunkers.”

Vietnam National Petroleum Group, or Petrolimex, is the main bunker supplier in Vietnam; however, the firm only offers bunker avails based on its own terms and conditions which may not be suitable for the international market.

“At the end of the day, everyone can go to Petrolimex to get bunkers. However, players must understand, in this case, bunker contracts are in accordance to their own specifications,” he says.

“This is where SAB comes in, as we are able to offer flexibility in shipowners’ bunker needs such as bunker contracts on BIMCO terms, while guaranteeing avails being bought at a minimum of ISO 8217:2005 specs.”

Even though bunker contamination cases of styrene and phenol are unheard of in Vietnam, Low assures SAB is still able to arrange for lab reports on contaminants prior to bunker deliveries.

“Vietnam has a coastal line of 1,600 km and there are at least 22 major ports a vessel can lift bunkers at,” Low notes.

“We are familiar with all different Petrolimex divisions responsible for bunkering operations at these ports, and are acquainted with barge operators, surveyors, customs agencies situated within these locations as well.”

The majority of vessel receiving fuel at Vietnam consist of bulkers (at least 50%) and a ‘good mix’ of container liners and tankers.

“Most of the vessels receiving bunkers at Vietnam only for top up purposes because cargoes there are actually sourced from overseas such as Singapore and Malaysia, hence the more expensive prices, as Vietnam’s refineries are mainly producing for the domestic market,” he explains.

Low offers some brief advice for shipowners looking to bunker at Vietnam.

“Due to availability and tax issues, it is always best to arrange for bunkers five to seven days in advance,” he recommends.

“South Vietnam has 380, 180 cSt grades and MGO (marine gas oil) available. However, 380 cSt material is usually out of stock due to storage issues.

“Avails at North Vietnam are commonly 180 cSt material and MGO.”

Contact details of Steven Low and Synergy Asia Bunkering are as follows:

Steven Low
Director
Mobile: +65 9831 5557
Email: [email protected]

Synergy Asia Bunkering
420 North Bridge Road
#04-29 Singapore 188757
Email: [email protected]

Photo credit: Synergy Asia Bunkering
Published: 2 October, 2018

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Bunker Fuel

Huanghua Port expands bunkering capabilities with dedicated fuel oil terminal

Previously, bunkering vessels serving Huanghua Port were required to replenish marine fuel oil at other ports, including Tianjin, before returning to carry out bunkering operations, often resulting in delays.

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Huanghua Port has strengthened its marine fuel supply infrastructure with the commissioning of its first dedicated, all-weather bunker terminal, a move aimed at improving vessel turnaround times and supporting growing shipping activity at the port, according to China-based news outlets on Thursday (11 June). 

On 9 June, bunker tanker Heng Feng You 165 completed fuel loading operations at the terminal in the Huanghua Port Comprehensive Port Area before proceeding to an anchorage to provide bunkering services to waiting cargo vessels.

According to local authorities, the new facility addresses a longstanding bottleneck in the port’s marine fuel supply chain. 

Yao Meichen, Deputy Director of the Cangzhou Municipal Ocean and Port Administration Bureau said bunkering vessels serving Huanghua Port were required to replenish marine fuel oil at other ports previously, including Tianjin, before returning to carry out bunkering operations, often resulting in delays for vessels awaiting bunkers.

As cargo throughput and vessel traffic have increased in recent years, the absence of a specialised bunker terminal became a constraint on port efficiency. To address the issue, local authorities invested RMB 266 million (USD 39 million) to develop Huanghua Port’s first dedicated marine fuel oil terminal and actively pursued regulatory approvals for both a domestic transfer export bonded warehouse and a liquid bonded storage facility.

The terminal, which entered service at the end of last year, features a dedicated 5,000-dwt berth and storage tanks with a combined capacity of 66,000 cubic metres. It has a designed annual throughput capacity of 820,000 tonnes and primarily handles marine gasoil as well as 120 CST and 180 CST fuel oils.

Authorities said the facility has been operating smoothly since its launch and is capable of ensuring a stable supply of bunker fuel for vessels calling at the port.

The bunkering infrastructure will be further enhanced following approval from Shijiazhuang Customs for the establishment of both the domestic transfer export bonded warehouse and liquid bonded storage facilities. The additions are expected to strengthen Huanghua Port’s ability to provide bunkering services to international-going vessels.

“The commissioning of the marine fuel oil terminal has completely changed the previous situation of off-site fuel supply and ships queuing for fuel, achieving benefits for both bunkering vessels and cargo ships,” said Dong Xianke, General Manager of Cangzhou Bohai New Area Gangkun Marine Fuel Co., Ltd., the terminal’s operator.

 

Photo credit: David Yu from Pixabay
Published: 16 June, 2026

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Methanol

China: Chimbusco takes delivery of new methanol bunkering vessel in Zhoushan

Company says commissioning of “Zhong Ran LV Neng 85” will further enhance its service capabilities in green methanol bunkering in major domestic ports.

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Chimbusco takes delivery of new methanol bunkering vessel in Zhoushan

China Marine Bunker (PetroChina) (Chimbusco) recently took delivery of its first bunkering vessel in China to deliver methanol to dual-fuel ships.

The 8,500-dwt duplex stainless steel chemical tanker Zhong Ran LV Neng 85 was successfully delivered in Zhoushan.

The company said the commissioning of this new ship will further enhance Chimbusco’s service capabilities in green methanol bunkering in major domestic ports and expand its national marine new energy service and support network

During the delivery period, Chimbusco said it focused on safe operations and conducted special training for all crew members of the vessel.

The training covered methanol bunkering operation specifications, prevention of collisions between commercial and fishing vessels, daily vessel reporting, and voyage report filling standards.

Manifold Times previously reported the launching of the bunkering vessel at Taizhou Fangzhen Shipbuilding Wharf in Zhejiang.

The floating out of the ship comes after Chimbusco has obtained methanol bunkering licences for Shanghai Port and Ningbo Port.

Related: Chimbusco launches new methanol bunkering vessel in Zhejiang

 

Photo credit: China Marine Bunker (PetroChina) (Chimbusco)
Published: 16 June, 2026

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LNG Bunkering

CCEC and CMA CGM form joint venture to build and operate LNG bunkering vessel

Each party will hold a 50% ownership stake in the joint venture, which has been established for the purpose of constructing, chartering, and operating one 20,000 cbm dual-fuel LNG bunkering vessel.

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Capital Clean Energy Carriers Corp. (CCEC), an international owner of ocean-going gas vessels, on Friday (12 June) announced the formation of a joint venture company with CMA CGM. 

Each party will hold a 50% ownership stake in the joint venture, which has been established for the purpose of constructing, chartering, and operating one 20,000 cbm dual-fuel LNG bunkering vessel. 

The joint venture marks CCEC’s entry into the LNG bunkering segment, the company’s first vessel dedicated to marine fuel supply.

In connection with this transaction, the joint venture has entered into a shipbuilding contract with Nantong CIMC Sinopacific Offshore & Engineering (CIMC SOE) for the construction of the vessel at a contract price of USD 82.8 million, with delivery expected in the third quarter of 2028.

Incorporating the latest technologies, the vessel is designed to enable safe and reliable LNG transfers across a wide range of operating conditions. Advanced emissions reduction systems, combined with highly efficient dual-fuel power generation, are designed to help the vessel meet applicable environmental standards of the global shipping industry.

In addition, the joint venture is expected to enter into a 12-year time charter with a joint venture company formed between CMA CGM and TotalEnergies, commencing upon delivery of the vessel from the shipyard.

Jerry Kalogiratos, CEO of Capital Clean Energy Carriers, commented: “This joint venture marks CCEC’s entry into LNG bunkering — a natural extension of our gas platform from carriage into marine fuel supply. 

“Working alongside counterparties of the calibre of CMA CGM and TotalEnergies, we can help build the infrastructure that allows LNG to deliver a cleaner emissions profile, alongside security and diversity of supply, while opening a new, long-term contracted revenue stream for the Company through the Joint Venture.”

Christine Cabau, Executive Vice President Operations and Assets of CMA CGM, said: “Together with Capital Clean Energy Carriers and TotalEnergies, we are committed to building a reliable and high-performance LNG bunkering supply chain, which is essential to ensuring the availability and reliability of fuels such as LNG that represent the first step in the decarbonization of our industry.”

 

Photo credit: Scott Graham
Published: 16 June, 2026

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