Tag: China

According to Bloomberg, the Houthis in Yemen have stated that they will refrain from attacking vessels from China and Russia as they traverse the Red Sea and Gulf of Aden.

According to Gard, on 1st March 2024, China published the baselines of its territorial sea adjacent to the northern section of the Beibu Gulf.

The Republic of the Marshall Islands Maritime Administrator has issued a Marine Safety Advisory to urge operators to exercise extreme caution when calling China as it continues to receive reports of ships unable to maneuver in high-density traffic or narrow waters in the country.

NorthStandard P&I Club informs of the specific requirements regarding the open loop Exhaust gas cleaning system (EGCS), also known as scrubber, discharge in China. 

According to reports from Chinese state media, a barge collision with a bridge in the Pearl River Delta near Guangzhou resulted in the death of five individuals. The impact caused a section of the bridge to break off, leading to vehicles falling into the water.

According to Bloomberg, merchant ships owned by China are receiving substantial reductions in their insurance premiums while traversing the Red Sea. This development underscores the impact of Houthi attacks in the region, affecting the business interests of vessels linked to Western entities.

In January, U.S. crude oil exports to Asia fell to 1 million barrels per day, marking the lowest level in more than two years. This decline was attributed to elevated freight rates and the availability of more competitively-priced Middle Eastern oils, which resulted in reduced shipments, Reuters highlights.

According to Oasis P&I, major changes brought by the amended Marine Environmental Protection Law of PRC effective from 1 January 2024.

GEFO has decided to invest ‘a three-digit million amount’ in ten new 3,850 dwt tankers. GEFO will have completed its current 400 million euro investment programme when the last newbuilding is delivered in summer 2024.

With a cargo ship recently departing for Jingjiang Port in east China's Jiangsu Province after unloading nearly 20,000 tons of Russia-imported coal at Longkou Port in east China's Shandong Province, a new shipping route linking ports in Russia, Longkou and Jingjiang is officially open.