Entries by admin

Navios takes delivery of the first of 4 box ships on charters

IN line with China’s Emission Control Area (ECA) regulations, all ships calling at selected ports are required to switch to low-sulphur fuel with a sulphur content equivalent to 0.5 per cent m/m for one hour after berthing to one hour before unberthing. This rule applies to the ports of: Shanghai, Ningbo, Zhoushan, Tianjin, Qinhuangdao, Tangshan-Caofeidian, […]

China ban on scrap plastic a boon for new plastic producers

CHINA has started buying new plastic to replace plastic scrap it recently rejected, which is good news to the US chemical sector that has a lot of new plastic to sell. “It’s a good time to be bringing on some new assets,” said Chevron Phillips Chemical CEO Mark Lashier as he opened two polyethylene plants […]

Paris class society, French LNG giant join CMA CGM mega ship deal

CHINA State Shipbuilding Corporation (CSSC) shipyards Jiangnan Changxing Shipbuilding (Hudong Zhonghua) and Shanghai Jiangnan Changxing Heavy Industry (SWS) has signed a contract with Paris-based Bureau Veritas (BV) for the classification of nine CMA CGM 22,000-TEU ships. Under the deal, all nine gas-fuelled ultra-large box ships will be built to BV class rules and under BV […]

Maersk still leads as biggest box carrier with Hamburg Sud buyout

Maersk still leads as biggest box carrier with Hamburg Sud buyout DENMARK’s Maersk Line has now retained its lead in world container shipping from a challengers now that it has taken over Germany’s No 2 shipping line Hamburg Sud. Singapore’s Business Times reports that the combined entity now holds an 18 per cent share of […]

China mulls second attempt at creating a Shanghai free trade zone

China mulls second attempt at creating a Shanghai free trade zone CHINA’s cabinet, the State Council, the nation’s cabinet, will soon unveil plans for a second version of a “free-trade port” in Shanghai, reports Hong Kong’s South China Morning Post. Chen Bo, adviser on the proposal and who researches free trade zones at the Huazhong […]

The Implementing Rules of the Regulations of the People’s Republic of china

Order of the Ministry of Communication of the People”s Republic of china [2003] No.1 The Implementing Rules of the Regulations of the People”s Republic of china on International Maritime Transportation which were adopted at the 14th Ministerial Exe Order of the Ministry of Communication of the People\’\’s Republic of china [2003] No.1 The Implementing Rules […]

CUSTOMS LAW OF THE PEOPLE’S REPUBLIC OF CHINA

[Article 1] This Law has been formulated with a view of safeguarding national sovereignty and interests, strengthening Customs control, promoting exchanges in the areas of economy, trade, science, technology and culture with foreign countries and protecting the construction of socialist modernization. [Article 2] The Customs of the People’s Republic of China is a state organ […]