SAFETY4SEA Conference & Awards
2017
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SAFETY4SEA Conference & Awards
2017
Learn More

Tag: China

UNCTAD reveals world maritime fleet statistics for 2017

fleet

​UN Conference on Trade and Development issued maritime statistics on the world shipping fleet by flag and by country of ownership, for 2017, as well as the 2016 tonnage for ship building and scrapping. Top 5 ship owners are Greece, Japan, China, Germany and Singapore and together they have a market share of 49.5% of dwt.

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China reveals three sea routes under Belt & Road initiative

initiative

China has proposed three marine economic passages connecting Asia with Africa, Oceania, Europe and beyond, in a bid to advance maritime cooperation, under the Belt and Road Initiative: the China-Indian Ocean-Africa-Mediterranean Sea Blue Economic Passage; the China-Oceania-South Pacific Blue Economic Passage; and one that will lead to Europe via the Arctic Ocean.

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Tax cut may lead to delay of cargo deliveries in China

tax

The Ministry of Finance and State Administration of Taxation of China has issued a circular, in which they will reduce Value-Added Tax on the sale and import of a number of products from 13% to 11% with effect from 1 July 2017, the North of Engalnd P&I Club informed. In light of the forthcoming VAT reduction, ship owners may be asked to postpone cargo delivery to beyond the 1 July deadline.

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China launches CIC for aging bulk carriers

bulk

The China Maritime Safety Administration (China MSA) announced the launch of a Concentrated Inspection Campaign (CIC) focusing on large bulk carriers of more than 10,000 gross tonnage (GT). The campaign will be held during the second semester of 2017, starting from 15 June 2017 through 31 December 2017.

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New service connects North China and West India

hmm

Hyundai Merchant Marine announced that it is going to launch a new weekly North China-West India service, known as CWI (China- West India Express), in cooperation with four global companies. Until now, the South Korean company has been operating routes to West India from central and southern China, but now it adds routes also from northern part of China.

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