Namely, the vessel will be 104.4 meters long, 18.4 meters wide and will have a weight of 7,400 tonnes, reaching a speed of at least 15.5 knots. Moreover, it will have electric propulsion and control system, thus being able to sail through high-latitude sea ice. The ship will be designed by the Norwegian shipbuilding company Ulstein.
US crude oil exports grew to an average of 1.1 million barrels per day in 2017, the second full year since restrictions on crude oil exports were removed. Crude oil exports in 2017 almost doubled in 2016, supported by increasing domestic crude oil production and expanded infrastructure, according to EIA.
Xiamen has introduced the ‘Marine Traffic Safety Regulation’, which has come into force on 1 March 2018, and imposes that the maritime administration department shall take traffic control measures at specific sea areas during specific period in the event of heavy weather, the UK Club informed citing Huatai correspondents.
According to the Chinese Prevention and Control of Solid Waste Pollution Law, the import of foreign solid waste into China in order to dump, store or dispose of the same is not permitted. However, if the foreign solid waste can be used as raw materials, it may be imported to China in certain cases.
Last spring, vessels from these companies were arrested in the West African region during a joint patrol between Greenpeace and local fisheries inspectors. Evidence of various infringements including illegal nets, shark finning and fishing without licence were handed over by Greenpeace to West African and Chinese authorities.
China is constantly inviting countries into cooperation on all fronts, infrastructure, trade, and joint investments aiming to a more efficient, green and sustainable transport through better logistic solutions. However, how possible is for ‘One Belt, One Road’ to reshape world shipping trade?
Currently the Port of Rotterdam serves as the gateway to Europe. A point from where incoming cargo is distributed across the European hinterland. However with the new ‘Silk Road Railway’, the port will change from a gateway to a final destination. China considers Rotterdam to be ‘the long way round’ and wants to find a shortcut.
China Merchants Port Holdings Company Limited completed acquisition of Paranaguá Container Terminal in Brazil, the biggest so far in Brazilian and Latin American port sector. On 22 February, the signing of the letter of intent closed the TCP transaction in the Federal Senate of Brazil.
The companies worked on a Proof Of Concept exercise, built on IBM Blockchain Platform, applying and then testing a blockchain-based supply chain platform to track and trace cargo movement from Chongqing to Singapore through the Southern Transport Corridor.
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US crude oil exports almost double in 201719/03/2018