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China Shipping bulletins on Jan 1,2019


1.China on Wednesday announced the trial operation of a marine environment forecast and support system which focuses on areas along the "maritime silk road."Developed by the National Marine Environmental Forecasting Center (NMEFC), the system serves a vast area including the South China Sea, Arabian Sea and Bay of Bengal, covering 102 major cities.
 
2.To protect rights and interests of foreign crew of fishing vessels and enhance control of Taiwan’s distant water fisheries, the Council of Agriculture (COA)formulates regulations to protect rights of crew.
 
3.The price, which measures costs for LNG at the factory gate, stood at 5,247 yuan ($762) per ton Tuesday, the highest since Feb 14 this year, data from the Shanghai Petroleum and Natural Gas Exchange showed Wednesday.
 
4.German shipping group Gesellschaft Fur Oeltransporte (GEFO) has placed an order for two LNG-ready 7,000 DWT stainless steel chemical tankers at the Chinese shipyard Avic Dingheng Shipbuilding. 
 
5.China will ban imports of waste foreign vessels to protect the environment, China Daily reported Monday.The country's ship-breaking yards, which have been tearing apart the world's retired vessels from both civil and military sectors, and turning them into piles of steel scrap bound for mills for repurposing, will henceforth focus only on domestic ships.
 
6.The structure of China's marine economy has been optimized over the past five years, with the tertiary industry's share growing by almost 9 percentage points in that period to 56.6 percent in 2017, lawmakers heard on Monday.
 
7.China will restrict imports of scrap steel and aluminium from July 1 in 2019, the environment ministry said on December.
 
8.2018 was the year in which shipping companies started to invest in scrubbers for real, and the surge in demand has led to packed yards. As such, demand will continue after the sulfur regulations come into force on Jan. 1, 2020, projects DNB in an analysis.
XINDE MARINE NEWS editor:Anita

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