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Singapore: CNC Petroleum expands local bunkering kiosk network; expects domestic market growth

Firm started operations of its latest 150,000 litre capacity floating bunkering station Garene II in April 2021, in addition to sistership Garene I which it took delivery in June 2020, learns Manifold Times.

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Garene II

Singapore-based CNC Petroleum, a subsidiary of local fuel and lubricant distributor PS Energy, is preparing for the expected growth of Singapore’s domestic bunkering sector with its latest floating bunkering station, says its Coastal Bunkering Sales Manager.

“With the recovery in ocean trading volume and increase in maritime projects, we think the domestic bunkering segment is an area where there is growth potential,” Ong Chin Han tells Singapore bunkering publication Manifold Times.

“There are not many bunker fuel suppliers and facilities catering to the domestic market where customers with small vessels need to take bunker on a prompt and high frequency basis, due to the nature of their businesses.

“This is where our local bunkering kiosk network, including the floating barges, can serve their requirements.”

CNC Petroleum started operations of its latest 150,000 litre capacity floating bunkering station Garene II in April 2021, in addition to the sistership Garene I which it took delivery in June 2020.

The floating bunkering stations which operate 24/7 are targeting harbour craft (i.e. launch craft, lighter boats, yachts and tugs) in addition to customers requiring automotive diesel oil on Singapore’s offshore islands; they are located at the buoy off West Coast Pier and Marina South Pier

“We offer standard, out of hours, next-day and emergency delivery standby services around the clock to provide reliable and agile services to the customers,” informs Ong.

“Apart from being able to cater to all vessels near the coastal region, the floating bunkering stations can also serve the offshore sector including islands such as Pulau Ubin and Semakau at their convenience when required.”

Ong, meanwhile, was quick to note both Garene I and Garene II to be complimenting the modernised marine refuelling jetty at Penjuru; a facility near Penjuru terminal and Jurong port which CNC Petroleum took over operations since March 2017.

The refuelling jetty at Penjuru provides time efficient and convenient refuels to the customers. Besides marine gas oil (MGO; 500ppm), automotive diesel oil (ADO; 10ppm) can be provided via road tankers upon request.

Additionally, CNC Petroleum is currently looking to upgrade its MGO dispensers at Penjuru jetty to enable a faster turn-round time for customers.

This upgrade is in addition to an operational automation system which uses a two-step password verification system to authenticate and authorise the dispensing of MGO at the terminal, which provides better control and work traceability for the customers to manage their fleet.

The digital system, which also prints out a bunker voucher for the customer when bunkering is competed, introduces an element of transparency for customers by omitting the chances of fuel pilferage and document tampering.

“We also have two berths at Penjuru jetty and can concurrently refuel two vessels at one time,” says Ong.

“Further, we are a MPA (Maritime and Port Authority of Singapore) approved seller for fresh water to vessels so customers can refuel their fuel and water at the same time.”

Manifold Times earlier reported CNC Petroleum to be in the midst of embarking on several bunkering related projects as part of internal expansion plans this year.

Contact details of Ong Chin Han are as follows:

Coastal Bunkering Sales Manager
HP: +65 9006 3288
Email: [email protected]

Related: CNC Petroleum mulls further Singapore bunker tanker acquisitions, starts business expansion to Philippines

 

Photo credit: CNC Petroleum
Published: 30 June, 2021

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Biofuel

China: Chimbusco completes first bonded B24 bunkering operation in Shenzhen

Chimbusco Marine Bunker (Shenzhen) completed the operation after supplying 1,300 mt of B24 marine biofuel oil for “Xin Chi Wan” vessel, at Shekou Container Terminal.

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China: Chimbusco completes first bonded B24 bunkering operation in Shenzhen

Zhuhai Chimbusco Petroleum Co Ltd (Chimbusco Zhuhai), a subsidiary of China Marine Bunker (PetroChina) (Chimbusco), on Monday (6 July) said the company completed its first bunkering operation since receiving its local licence in Shenzhen. 

Chimbusco Marine Bunker (Shenzhen) completed the operation after supplying 1,300 metric tonnes (mt) of B24 marine biofuel oil for the Xin Chi Wan vessel, owned by COSCO Shipping Group, at the Shekou Container Terminal in Shenzhen.

The operation adopted the “cross-customs direct supply bunkering” model with the cooperation of Shenzhen and Gongbei Customs and maritime authorities.

Looking ahead, Chimbusco Marine Bunker (Shenzhen) said it will build on its local licensing and policy advantages to expand its bonded marine fuel bunkering business in Shenzhen.

The company plans to optimise its bunkering processes and improve service quality to help strengthen the city’s bonded marine fuel supply capabilities while supporting the shipping industry’s green transition.

 

Photo credit: Zhuhai Chimbusco Petroleum
Published: 8 July, 2026

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Sanctions

US reinstates Iran oil sanctions, orders wind-down by 17 July

US has revoked a licence permitting the purchase of Iranian crude oil, petrochemical products and petroleum products, with the restrictions taking effect immediately.

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Zbynek Burival on Unsplash

The US Treasury’s Office of Foreign Assets Control (OFAC) on Tuesday (7 July) revoked a licence that had temporarily authorised transactions involving crude oil, petrochemical products and petroleum products of Iranian origin.

Under the new licence, the purchase of Iranian crude oil, petrochemical products and petroleum products is prohibited with immediate effect.

The latest licence replaces an authorisation issued on 22 June, which had been scheduled to remain in force until 21 August. The previous authorisation permitted the bunkering of vessels engaged in the approved transactions.

Parties that entered into contracts for Iranian oil during the period in which the authorisation was in effect have until 17 July to wind down Iran-related transactions.

 

Photo credit: Zbynek Burival on Unsplash
Published: 8 July, 2026

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Legal

Russian court orders marine fuel supplier Transbunker assets transferred to state

A Moscow court has reportedly ordered the transfer of assets belonging to Russian marine fuel supplier Transbunker to state ownership.

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A Moscow court has reportedly ordered the transfer of assets belonging to Russian marine fuel supplier Transbunker to state ownership.

This comes following a lawsuit alleging the company was illegally controlled through offshore corporate structures, according to The Moscow Times

The ruling grants the Russian Prosecutor General’s Office’s claims in full and takes immediate effect. Prosecutors argued that Transbunker, one of Russia’s largest marine fuel suppliers, was subject to restrictions on foreign ownership because the companies within the group qualify as strategic enterprises. 

The case targets Transbunker founders Iosif Sandler and Sergei Pugachev, both Cypriot citizens, along with Transbunker Management CEO Yelena Zavyalova. 

Prosecutors alleged the founders concealed control of the group through offshore entities in jurisdictions including Cyprus and the British Virgin Islands, while transferring profits abroad. Authorities claim RUB 19.3 billion (USD 247 million) has been moved out of Russia since 2020.

Founded in 1991, Transbunker has developed a nationwide marine fuel supply network serving Russian ports in the Baltic, Black Sea and Far East. The group owns fuel terminals in Novorossiysk, Vanino, Sakhalin and the Leningrad region, among other assets.

 

Photo credit: Egor Filin on Unsplash
Published: 8 July, 2026

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