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China announces new inland shipping regulation

China is seeking to raise the operational efficiency of its inland shipping fleet following the release of a new set of regulations touching on domestic shipping transportation.

Lee Hong Liang, Asia Correspondent

January 29, 2015

1 Min Read
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The ministry of transport announced on Wednesday that the new regulations will be effective from 1 April 2015.

The regulations seek to promote a healthy development of the sector mainly by optimising the inland shipping fleet, encouraging companies to invest in sharper technology and raising energy efficiency.

The government will also offer subsidies to encourage the use of better technology on newbuildings and the scrapping of older tonnages.

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About the Author

Lee Hong Liang

Asia Correspondent

Singapore-based Lee Hong Liang provides a significant boost to daily coverage of the Asian shipping markets, as well as bringing with him an in-depth specialist knowledge of the bunkering markets.

Throughout Hong Liang’s 14-year career as a maritime journalist, he has reported ‘live’ news from conferences, conducted one-on-one interviews with top officials, and had the ability to write hard news and featured stories.

 

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