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BUNKER INDEX :: Price Index, News and Directory Information for the Marine Fuel Industry
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India event to help 'pave the way' for development of Cochin as a bunker port

15 May 2017 11:34 GMT

Port aims to become a key global bunkering destination, like Fujairah and Singapore.



Cochin Port Trust says the fourth edition of its International Bunkering Conference will help "pave the way" for the development of Cochin as a bunkering location as the port aims to become a leading global destination for marine fuels, like Fujairah and Singapore.

Held on Friday, May 12, at the Taj Gateway Hotel in Cochin, the conference was presided over by Sri. P Raveendran, chairman of Cochin Port Trust.

Key issues covered during the technical session included laboratory testing and bunker quality control, liquefied natural gas (LNG) bunkering and legal issues. Participants at the event are said to have called for the floating storage of bunker fuel in order to promote bunkering off port limits (OPL).

During the business session, speakers discussed Cochin as a bunker destination, challenges in developing bunker sales volumes, and the purchase of bunker fuel at the port from the perspective of buyers.

"The deliberations held during the conference will pave the way for improving the ease of doing business in bunkering at Cochin, towards achieving easier regulatory regime, ensuring efficient operational performance, high quality bunker and accurate measurement," Cochin Port Trust said.

The port operator added that port and regulatory authorities took note of the suggestions and proposals mentioned during the conference and "assured" that they would "ease the procedures for increasing the bunker business in Cochin".

The conference was attended by approximately 140 delegates from the bunkering sector.

The port of Cochin is owned by the government of India and is operated by Cochin Port Trust and Dubai Ports World.

Image: Rainbow Bridge in Kochi, India.




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