Dry cargo market report dated 21 June 2024
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China has adopted new regulations concerning the reporting of fuel consumption and energy efficiency with effect from 1 January 2019.
China and South Korea have agreed on exemption of ballast water exchange requirements for International ships sailing between People’s Republic of China and the Republic of Korea (South Korea).
China officials have confirmed that there are no plans to impose a ban on open loop scrubbers in the country, as long as they are in compliance with prevailing regulation.
The Chinese Ministry of Transport (MOT) has passed a new domestic emission control area regulation from 1 January 2019 in their territorial waters.
BIMCO will attend the IMO Sub-committee on Implementation of IMO Instruments (III) 10th session from 22 to 26 July to monitor and intervene on key issues affecting its Members.
The Chinese government has vowed to put an end to the scrapping of ships not carrying a Chinese flag.
Chinese regulators have tightened its domestic emission control area regulation (DECA) which came into force on 1 January 2019.
The Chinese Ministry of Transport has announced new regulations requiring all ships imported for domestic use, and Chinese flagged ships for international use, to be compliant with IMO Tier II emissions standards from 1 September 2018, in a bid to cut NOx emissions from diesel engines.
A new virus "Novel Coronavirus (2019-nCoV)" has been detected, causing serious outbreaks in China, Japan and Republic of Korea. WHO issues advice for international travel and trade.