Zhoushan's bonded fuel supply has achieved rapid growth year after year. Zhoushan's duty-free fuel supply has surpassed Shanghai Port, ranking first in the country. In the first three quarters ofthis year, the supply of bonded fuel at Zhoushan Port reached 2.4956 milliontons, a year- on- year increase of 101.5 percent.
As a result of such rapid development, Mr.Xia Wenzhong, deputy directorof Zhejiang FTZ Management Committee, said at the meeting that since the Zhejiang Pilot Free Trade Zone (FTZ) was officially launched on April 1 last year, such works listed below had been completed successively, like bonded fuel’s business qualification authority undertaking, the implementation of different tax number bonded oilpolicies landing, the issuance of the operational specifications for bondedfuel business, the promotion of the Customs Administration's prosecution of thecross-border direct supply business supervision procedures, the firstinternational trade “single window” ship entry and exit declaration system,opening as well as delineating key nodes such as oil supply anchors, several problems affecting the supply of bonded fuel have broken through successively,driving a sharp increase in the supply of bonded fuel.
Zhoushan Bunker Industry Association came into being in a timely manner in this context. It aims togather the strength of the ship's bonded fuel supply industry, regulate industry behavior, and build a bridge of communication between enterprises andgovernments, enterprises and enterprises for Northeast Asia Bonded Fuel bunkering Center to build a cohesive force and create a standardized and healthy development of the bonded marine fuel industry as well as to launch the international brand of Zhoushan Bonded Fuel.
Mr. Xia Wenzhong mentioned that Zhoushan's bonded fuel price is gradually approaching Singapore. Beforethat, the fuel price difference between Zhoushan and Singapore was around 20 USdollars, and now it is almost 8 US dollars. The gap is shrinking. Of course, healso stressed: "Compared with ports such as Singapore, our business scaleis still small. In the face of fierce international market competition and changing business environment, our strength to deal with difficulties is relatively weak. Zhoushan Bonded Marine The establishment of Zhoushan Bunker Industry Association is very necessary."
Regarding the responsibility of Zhoushan Bunker Industry Association in boosting the Northeast Asian Bonded marine fuel bunkering Center, Deputy Secretary WeiXiaohong, the Management Committee of The Marine Industry Cluster Area of Zhoushan Islands New Area also put forward three suggestions. In summary, Firstly,we must seize the new opportunity of low-sulfur oil and actively strive for theexport tax rebate for low-sulfur oil. Secondly, it is necessary to establish anew industry standard in accordance with the law, to keep up with international standards, and to set a national example in terms of promotion of mass flow meter systems and electronic fuel delivery orders. Thirdly, we must work together to create a gold-lettered signboard for
bonded fuel and guide enterprises to do a good job in each single business, as well as to build a reputation for the Zhoushan bonded fuel’s brand.
Sinopec Zhejiang Zhoushan Petroleum Co.,Ltd. was elected the first president unit. In the first half of this year,Sinopec's global ship fuel supply business center was relocated from Beijing to Zhoushan, becoming the mainstay of the construction of Zhoushan Northeast Asia Bonded Fuel Bunkering Center. On August 16th this year, Sinopec completed the first bonded fuel blending business with different tax numbers in China. On the afternoon of October 7th , it completed a singlelarge-scale 7,000-ton bonded fuel supply at Zhoushan Shulanghu wharf. It hasbecome the largest single supply amount launched by the Zhoushan Port and Shipping Management Bureau in Zhejiang Province this year. Therefore, Sinopec Zhejiang Zhoushan Petroleum Co., Ltd. was elected as president unit of Zhoushan Bunker Industry Association.
Mr. Liu Zurong, General Manager of SINOPEC Fuel Oil Sales Corporation Limited attended the meeting and delivered a speech.
Additionally, six vicepresident units and 10 board members were elected at the conference. ChengAnxiang, deputy general manager of Sinopec Zhejiang Zhoushan Petroleum Co.,Ltd., was elected as the secretary general of the association.
Source: MarineCircle News
