Core Points - The successful operation of Jiangsu Province's first "dual-function warehouse" reform project for bonded fuel supply marks a significant advancement in the region's port capabilities and high-quality economic development [1] - The "dual-function warehouse" allows the same warehouse to serve as both a bonded warehouse and an export supervision warehouse, streamlining the process for domestic fuel supply [1] - The reform enhances the efficiency of fuel supply operations and reduces operational costs for the port [2] Company Insights - Dongfang Petrochemical's warehouse is strategically located in the middle of the Yangtze River's open port area, supplying fuel to dozens of ports along the river [2] - Over the past three years, Dongfang Petrochemical has supplied a total of 500,000 tons of fuel, and the new dual-function capability will further enhance its fuel supply capacity [2] Industry Impact - The reform aligns with Rugao City's strategy of strengthening the port's role, enhancing its status as a first-class open port in the country [2] - The simplification of operational processes from "two in, two out" to "one in, one out" significantly improves the efficiency of bonded goods flow and storage [2] - The customs authority plans to continue releasing policy benefits to support the regional bonded fuel supply industry, contributing to high-quality development and high-level openness [2]

Group 1 - The core viewpoint of the articles highlights the growth and optimization of the bonded marine fuel supply chain at Xiamen Port, with significant increases in both the number of vessels serviced and the volume of fuel supplied [2][3] - In the first half of the year, Xiamen Port serviced 416 international vessels, marking a year-on-year increase of 6.12%, with a total fuel supply of 274,500 tons, up 16.37% compared to the previous year [2] - The introduction of bonded marine fuel, which is exempt from tariffs, VAT, and consumption tax, provides a cost advantage for international shipping logistics companies [2] Group 2 - The "dual warehouse function" reform pilot launched by Xiamen Customs has shown significant effectiveness, allowing companies to rent a single tank to serve both bonded and export supervision functions, thereby reducing costs and improving efficiency [3] - From March 29 to June 30, the pilot program resulted in 769 vessels being serviced at Xiamen Port, with a total fuel supply of 455,500 tons valued at $259 million, saving companies approximately 12.697 million yuan [3]

Core Viewpoint - The implementation of the "two warehouse" function overlap policy by Huangdao Customs has significantly improved the efficiency and cost-effectiveness of supplying domestic low-sulfur fuel oil for international shipping vessels in Qingdao [1][3][5]. Group 1: Policy Implementation - The "two warehouse" function overlap allows fuel oil storage tanks to simultaneously serve as both bonded warehouses and export supervision warehouses, simplifying the process of transferring fuel oil from export supervision to bonded status [3][4]. - This policy change has eliminated the need for physical transfer operations, reducing operational complexity from "two in, two out" to "one in, one out," thereby lowering costs for shipping companies [3][4]. Group 2: Economic Impact - It is estimated that the implementation of the "two warehouse" function overlap can save shipping companies over 20 million yuan annually in related costs [4]. - Over the past three years, the total supply of fuel oil in the Qingdao area has exceeded 7 million tons, indicating a robust growth in the supply oil industry [4]. Group 3: Future Developments - Huangdao Customs plans to continue releasing policy benefits related to the "two warehouse" function overlap, cross-district direct supply of fuel oil, and fuel oil blending to further support the regional shipping fuel supply industry [5].