GS Caltex starts bonded bunker supply from Kunsan terminal
GS Caltex also has storage in Busan, Ship & Bunker reports. Private South Korean oil company GS Caltex Corporation (GS Caltex) has started the supply of tax free bonded bunker fuel from its terminal in Kunsan on the country's West coast, Platts has quoted a company source as saying.
Until now the company has supplied bonded bunkers in Kusan, with volumes reported to be up to 10,000 metric tonnes (mt) per month, by shipping product from its refinery in Yeosu.
The company has a 400 mt capacity barge ready for deliveries, with larger capacity barges available to be sent from Yeosu on the country's South coast if required.
GS Caltex owns storage in Kunsan reported to be between 5,000 and 10,000 kiloliters (kl) that, until now, has not been used to store bonded bunkers.
GS Caltex, which also has storage tanks for bonded bunker fuel at Busan and Incheon, is also said to be exploring further storage options.