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A Sinopec barge, An Shen 5, bunkered the New Vista very large crude carrier (VLCC) with 1,600 metric tonnes of very low sulphur fuel oil on 11 May.

The delivery, undertaken at the outer anchorage area, marked the port’s first bunker delivery to a VLCC.

Announcing the event, the Port of Qingdao made reference to China’s export tax rebate scheme for international shipping taking on fuel at the country’s ports, which was introduced in February.

In its statement, the port also outlined its ambitions to develop its low sulphur bunker market.

‘In order to seize the opportunity of the low-sulphur ship oil supply market, Qingdao port has made all-out efforts to improve transportation process transformation of low-sulphur ship fuel oil.

‘In April, it successfully opened up logistics channels which integrate waterways, railways and highways, for low-sulphur ship fuel oil in Qingdao, providing a solid foundation for [the] ship oil supply business enter into [the] “fast lane”.’

The port concluded: ‘The realisation of bunkering business for VLCCs will attract more large ships to bunker low-sulphur fuel oil in Qingdao.

‘This will comprehensively improve Qingdao port’s competitive advantage and market share in [the] bunkering market, at the same time, shipping companies will get more preferential and convenient services to achieve [a] win-win development.’

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