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China’s ministry of industry and information technology has reinstated the ‘white list’ status for Jiangsu New East Marine Equipment Co in a latest statement on 31 December 2014.

Nine Chinese shipbuilding enterprises made it to the second batch of ‘white list’ shipyards, including six state-owned corporations and three privately-run yards.

China’s shipbuilding industry is now abuzz with speculation over the announcement of the ‘white list’ Chinese shipyards, though the comments are largely positive, pointing mainly to a more sustainable manner of growth for the sector.

The 50 ‘white list’ of Chinese shipyards are handling the majority of China’s shipbuilding business in an industry with around 300 active shipbuilders, according to data from the ministry of industry and information technology.

China’s ministry of industry and information technology has removed Jiangsu New East Marine Equipment Co from the first batch of ‘white list’ shipyards, bringing the list down to 50 from 51.

China’s ministry of industry and information technology has revealed that it is still reviewing 21 Chinese shipyards for a ‘white list’ status, after the first batch of 51 yards was announced last Thursday.

The Chinese shipping market has removed around 4.2m dwt of elderly vessel tonnage in the first half of this year, bringing about a tighter market amid the industry slump, according to He Jianzhong, China’s deputy minister for transport.

The Federation of National Associations of Ship Brokers and Agents' (FONASBA) European Committee (ECASBA) has voiced its support for the Athens Declaration.

 Hong Kong is once again innovating and could in fact play a part in helping re-shape national policy in China as regards emissions control.

China has revealed a new ship scrapping policy to accelerate the demolition of older vessels and streamline the overall efficiency of the shipping sector.

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