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China Shipping bulletins on September 14,2018


1.China became the world’s second-largest shipowning country, overtaking Japan.The top shipowner,Greece,is still much larger but the gap is closing as China’s fleet expansion continues at a rapid rate. 
 
2.Jiangsu MSA Require Ships Use Low Sulphur Content Fuel(not exceeding 0.5%m/m) When Entering into Suzhou and Nantong ECA Area in Yangtze River Delta ECA from 01.10.2018.
 
3.Egypt and Vietnam have announced the use of renminbi for payment.And RMB will be included in the Suez Canal payment system.
 
4.Global coal shipments grew by 3.8% or by 30.6 million tonnes during the first eight months of the year according to the vessel tracking data.Growth was once again driven by strong demand from the Asia-Pacific countries led by China and India.
 
5.China on Wednesday slashed its forecast for 2018/19 soybean imports as farmer reduce their use of the bean in animal feed because of the Sino-US trade conflict,leading the government to raise its supply deficit estimate.
 
6.A naming ceremony for an ice-breaking LNG carrier,jointly owned by MOL and COSCO Shipping, was held on Tuesday at South Korea’s Daewoo Shipbuilding and Marine Engineering.
 
7.Authorities in south China's Guangdong Province have been working round the clock since the beginning of the week to launch emergency responses and prevention plans in the face of Typhoons Barijat and Mangkhut. 
 
8.China is building the world's largest container ships, each of which will be able to carry more than 23,000 standard containers,which together can hold,for example,more than 1 billion units of the Apple iPhone X.
XINDE MARINE NEWS editor:Anita

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