BunkeringGreater ChinaPorts and Logistics

Yantian Port Group takes over Brightoil’s Zhoushan bunkering facility

State-owned Yantian Port Group has taken over a 19m barrel oil storage facility located in the Zhoushan archipelago from financially troubled Brightoil Petroleum Holdings.

The facility includes a VLCC-class terminal and it is slated to be up and running by the end of the year.

Yantian Port Group recently won a bunker licence in Shenzhen. Zhoushan is rapidly positioning itself as China’s dominant bunkering hub.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
Back to top button