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Displaying items by tag: Chinese Coastal Trade

#ChinaCoastalTrade -  Three foreign-flag boxships owned by Cosco Container Lines according to LloydsLoadingList.com, have recently won government approval to carry containers between Shanghai and other Chinese ports.

The move signals an official launch of Beijing's pilot project to liberalise the country's cabotage restrictions.

The vessels, 49,961 dwt Cosco Surabaya, 49,973 dwt Cosco Venice and 49,959 dwt Cosco Wellington — all Hong Kong-flagged — are the first batch of players granted such privilege, while ships owned by China Shipping Container Lines are also applying for the designation, according to the state-run news agency Xinhua.

Beijing announced in 2013 that it would permit Chinese carriers to ship international cargoes between Shanghai and other Chinese ports with their own vessels flagged abroad after registering them in the transport ministry, under a pilot programme to boost transhipment in Shanghai free trade zone. The aim was to promote Shanghai, already the world's busiest port, as an international shipping centre.

For more on this trade development, click HERE.

 

Published in Ports & Shipping

About boot Düsseldorf: With almost 250,000 visitors, boot Düsseldorf is the world's largest boat and water sports fair and every year in January the “meeting place" for the entire industry. From 18 to 26 January 2020, around 2,000 exhibitors will be presenting their interesting new products, attractive further developments and maritime equipment. This means that the complete market will be on site in Düsseldorf and will be inviting visitors on nine days of the fair to an exciting journey through the entire world of water sports in 17 exhibition halls covering 220,000 square meters. With a focus on boats and yachts, engines and engine technology, equipment and accessories, services, canoes, kayaks, kitesurfing, rowing, diving, surfing, wakeboarding, windsurfing, SUP, fishing, maritime art, marinas, water sports facilities as well as beach resorts and charter, there is something for every water sports enthusiast.

At A Glance – Boot Dusseldorf 

Organiser
Messe Düsseldorf GmbH
Messeplatz
40474 Düsseldorf
Tel: +49 211 4560-01
Fax: +49 211 4560-668
Web: https://www.boot.com/

The first boats and yachts will once again be arriving in December via the Rhine.

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