China

Update 09 July: Live map depicts spread of coronavirus

The new coronavirus (COVID-19) has cost the lives of more than 549.000, while confirmed cases exceed 12.043.000. Although coronavirus started in China in early 2020, now it has spread over Europe where Italy and the UK have the most deaths. Also, Brazil, Canada, France and Spain top the list with the countries affected significantly.

EU opposes to China’s trade expansion with tariffs

The European Union warned China over its global trade ambitions with an unprecedented tariff decision to address Chinese subsidies to exporters. Namely, the EU took aim at alleged market-distorting aid granted by a country to exporters based in another state. 

Shenzhen to become international LNG bunkering hub

China will construct its first liquefied natural gas bunkering centre for international vessels in the city of Shenzhen, as part of a deal between Yantian Port Group, state-owned energy giant PetroChina, and city gas supplier Shenzhen Gas.

CSSC, CNOOC to promote LNG conversion in Guangdong

China State Shipbuilding Corporation (CSSC), China National Offshore Oil Corporation (CNOOC) and Guangdong Provincial People’s Government recently signed an agreement concerning LNG power conversion for inland waterway shipping.

Tianjin, Xiamen ink smart port cooperation

On May 20, 2020, Tianjin Port Group and Xiamen Port Holding Group signed the “Comprehensive Strategic Cooperation Framework Agreement for Construction of World-Class Ports”.

China extends IMO BWM Convention to Hong Kong

Following China’s extension of the treaty to the Hong Kong Special Administrative Region, ships flagged to Hong Kong will now be required to apply the requirements of the Ballast Water Management Convention (BWM).  

Canadian and Alaskan crude find market in China

Following the COVID-19 crisis, Canadian and Alaskan crude which normally travels to the US West, started to finding a market in China, where condition is almost back to the pre-outbreak levels.

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