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Port group gives berth in Yangtze River plan

PostTime:2008-04-24 08:30:44 View:804

SHANGHAI International Port (Group) Co plans to join in a 2.4-billion-yuan (US$343.7-million) project in Chongqing as part of the municipality's 11th Five-Year Plan for port construction.The company and the Chongqing government have signed an agreement to jointly build 13 ship berths that can each handle 3,000 tons of goods, SIPG told the Shanghai Stock Exchange yesterday. The company operates the world's second-busiest container port in Shanghai.The project, along a 2,300-meter stretch of the Yangtze River, is still awaiting government approval and the two sides will seek other investors, the statement said.The construction of 12 multi-purpose berths and a roll-on roll-off terminal will further extend Shanghai Port's control along the Yangtze River, the main waterway in central China, after its investments in Jiujiang and Wuhan.China aims to make greater use of internal waterways for cargo shipments to cut pollution and transport costs.The port operator earned 3.64 billion yuan, or 0.17 yuan per share in 2007, rising 23 percent from a year earlier on rising container business.Its container throughput grew 20.4 percent to 26.15 million 20-foot equivalent units in 2007 and total cargo volume rose 16.5 percent to 353 million tons.SIPG aims to reach container traffic of 30 million TEUs and total cargo handling of 385 million tons this year. Still, SIPG warned of increasing challenges this year with the economic slowdown and tightened national monetary policy.

Turning Shanghai into an international shipping centre

PostTime:2008-04-14 08:45:15 View:1194

The goal of developing Shanghai into an international economic, finance and trade centre by the year 2010 started with the State Council's approval in 1995 of the setting up of Shanghai International Shipping Centre.Over the past five years, the Shanghai Municipal Government has kept the goal of developing its port and shipping industry in mind and has undergone a series of reforms to form a good foundation for the future development of the centre. Following is a summary of the developments at the Shanghai port and the blueprint for shaping Shanghai as an international shipping centre, and its impact on Hong Kong.Shanghai port has been the first container port in China and its infrastructure, container throughput and economic importance surpass all other ports in the country. Currently, Shanghai port has 145 berths of which 75 can serve vessels of over 10,000 tonnes. In 1999, the cargo throughput of Shanghai port reached 186mn tonnes with 4.22mn TEUs. The annual design throughput of the port is 4.8mn TEUs. At present, it operates more than 20 international container liner services and over 100 feeder service routes across China. The port receives an average of 800 vessel calls per month and has the capacity to handle fourth generation container vessels of 4,600 TEUs.The developments in Shanghai's port industry in recent years:Shanghai Container Terminal Ltd - Joint venture between Shanghai Port Authority, Huthchison Whampoa Group and COSCO Pacific (share ratio 5:4:1). Ten berths were built on the bank of Huangpu River with annual capacity of 1.7mn TEUs.Phase 1 of Waigaoqiao Container Terminal - Total coastline measures 900m long, covers an open yard of 500,000sqm and is backed up by three berths designed for 35,000-tonne vessels. The designed annual capacity is 450,000 TEUs. In March 2000, the Shanghai Port Authority, Hutchison Whampoa Group, COSCO Pacific and Shanghai Industrial Investment reached a joint venture agreement (share ratio 4:3:2:1) on the management of Phase 1 of the Waigaoqiao Terminal under the Shanghai Pudong International Container Terminal Ltd.Phase 2 of Waigaoqiao Container Terminal - Phase 2 commenced operation in September 1999. The terminal is equipped with three berthing spaces designed for 35,000-tonne vessels each. It is 900m long with 1mn sqm of container yard and annual capacity is 600,000 TEUs.Phase 3 of Waigaoqiao Container Terminal - Phase 3 is still under construction with designed annual cargo capacity of 400,000 TEUs. The planned coastline of the terminal is 680m long and two berths to accommodate 35,000-tonne vessels each and a container yard of 500,000-700,000sqm. In addition, the Shanghai Port Authority also plans to build more than 30 container berths with 6.5mn TEU annual capacity in Wuhaogou in Pudong.The blueprint projects that Shanghai ports will handle a cargo throughput of about 200mn tonnes in 2005 and 280mn tonnes in 2010, with container throughput at 5.5mn and 8mn TEUs respectively. With the advantages of a well-developed economic hinterland, it is anticipated that the Shanghai ports' annual container throughput will reach 7.5 to 8mn TEUs in 2005. However, in view of natural restrictions of Yangtze River estuary and Huangpu River, the dredging works of the channel will be a time-consuming project and involve huge investment costs. In addition, due to the insufficient back up waterfront for future deepwater ports, the further expansion of the Shanghai port will be affected.Table 1. Container Throughput of Shanghai Aggregated Ports from 1990-1999Unit : TEUsPorts1990 199119921993199419951996199719981999Shanghai578,654744,842954,1531,261,7351,623,3512,045,4072,534,1833,157,0173,787,1515,288,000Aggregated Ports Shanghai456,084576,757730,537934,7031,199,0591,526,5291,971,3502,519,5923,068,4214,216,000Ningbo22,09235,63453,25078,848125,134160,008201,618256,985352,523601,000Nanjing41,83152,06773,303109,098126,214144,657130,287124,261124,544156,000Zhenjiang---------10,58812,45818,97113,22911,87313,80442,000Jiangyin------------------6,3933,5822,46516,000Zhangjiagang47,74060,37567,01781,96494,587108,063118,224119,132105,051105,000Nantonneg10,90720,00930,04646,53465,89987,17993,082121,592120,343145,000Zhoushan---------------------------7,000International shipping centreAlong with the aim of establishing Shanghai as an international shipping centre into the core of the Far East economy, the Shanghai Municipal Government has planned the development of Pudong new district. In the past five years, the Ministry of Communications and Shanghai Municipal Government has invested manpower and resources to speed up the progress of development. Experts from various fields such as economic, shipping and architecture were invited to conduct in-depth studies on the necessity, urgency, developmental strategies and targets of the programme. Comparison and analysis on different proposals were also carried out. After a lot of preliminary work, the results are the following basic targets:The programme has to be finished within the next five to ten years. Because of Shanghai's tremendous economic growth, the port now faces significant historical opportunities and challenges and faces keen competition from ports of neighbouring countries like Pusan, Kaohsiung and Kobe. If the new deepwater ports cannot be completed on schedule, majority of the containers from Yangtze River will be transhipped elsewhere which in turn will deteriorate the status of Shanghai as an international hub.The construction of international deepwater container hub port is the core of the project. According to the plan, Shanghai must have a deepwater port with a -15m draught by 2005 which can handle 5-5.5mn TEUs annually and offer more than 200 direct shipping services for international sailings.Shanghai International Shipping Centre will also serve as a trade, shipping, information and logistics centre as a whole, and to achieve this, here are the major strategies involved:The Shanghai Shipping Exchange was founded in Nov 1996, as an associated organisation of the Shanghai International Shipping Centre. The services it provides include facilitating transactions between carriers and shippers, including sales of vessels; the release of container tariff figures on a regular basis; providing 哲one customs three inspections哩 service for members; enhancing the growth of shipping industry; adopting the tariff enacted by the Ministry of Communication; building up a wide network and channel of information.The Shanghai Aggregated Ports Management Commission was established in Sept 1998, as a cross-district administrative office for the container ports in Shanghai. The commission is responsible for the aggregated ports' management and planning, division of labour as well as co-ordination and development, with the aim of enhancing the growth of these ports. The area of the Shanghai aggregated ports covers Wusongkou of Shanghai city, Yangtze River of Jiangsu Province, Zhejiang Ningbo and the waterfront inside Zhoushan district. Table 1 shows the container throughput of Shanghai aggregated ports from 1990 to 1999.The shipping centre project is limited by the shallow draught of the Yangtze estuary. After several years' studies, the State Council gave approval for the Ministry of Communications (MoC), the Shanghai Municipal Government together with the Jiangsu province to launch a dredging programme for the channel of Yangtze River. The progamme will be carried out in three phases within 10 years. Upon completion of the programme, the 48 km channel will be expanded to 300m wide and -12m deep. Phase 1 will take three years to complete at a cost of US$3bn. By 2001, the channel will be deepened to -8.5m which can cater for feeder container vessels of 700 TEUs, first generation container vessels and 30,000-tonne vessels. Phase two will also be completed within three years and will cost $8bn. After completion of the phase two, the channel will further be deepened to -10m. The port will be able to handle first and fourth generation container vessels and 50,000-tonne vessels. Phase 3 will last for 4 years at a cost of $2bn and upon completion, the draught of the channel will reach -12.5m to accommodate third and fourth generation container vessels, post-Panamax container vessels and 100,000-tonne vessels. Phase 1 started in early 1998 with satisfactory progress.The MoC has invited proposals from Jiangsu province, Zhejiang province and the Shanghai city on the location of deepwater port. The Water Planning & Design Division of the MoC gathers the proposals, and in March 199, the China International Engineering Consulting Co held a meeting on 哲The location of Shanghai International Shipping Centre Deep Water Port哩. The following proposals were submitted:Jiangsu province's proposal is to dredge the channel of Yangtze River estuary and build 20 berths near the -12m waterfront of the Tai Cang Port. According to the proposal, the port will be 5,400m long with annual design throughput capacity of 5mn TEUs and can handle 40,000-tonne vessels annually.Zhejiang province proposed to build a deepwater port zone in Daxiedao of Beilun which will form part of the Shanghai International Shipping Centre.Due to the lack of a deepwater front in Shanghai, the city proposed to construct the deepwater port in the area between Dayangshan and Xiaoyanshan Islands adjacent to Shanghai, in Zhoushan city of Zhejiang province.The Water Planning & Design Division of the MoC has proposed that Shanghai serve as the core of economic, finance and trade, taking advantage of the natural conditions of both Jiangsu and Zhejiang. The resulting plan is to build a deepwater port in Taicang Port of Jiangsu that can serve third and fourth generation container vessels; and then to build a deepwater port in Daxiedao in Ningbo city, Zhejiang that will be able to berth fifth and sixth generation container vessels.The Shanghai Municipal Government's plan is to build a deepwater port with -15 m draught. Preliminary studies conducted on Dayangshangang and Xiaoyangshangang show that the Yangshan project is feasible. The Shanghai Municipal Government has given the plan full financial support.Table 2. Projected Container Throughput of Yangtze River Delta and Upper and Middle Yangtze River(in Ten Thousands) ShanghaiJiangsuZhejiangYangtze RiverDeltaUpper andMiddle Yangtze River2000 20102000 2010200020102000201020002010Gross Domestic Product (US$)4,5009,0009,00028,0005,50012,00019,00049,000------Import and Export (US$)4601,2503701,2002708501,1003,300250900Container Throughput (TEUs) 150410120400902903601,10085260Yangshan deepwater portSince 1996, the Shanghai Municipal Government has invested over $20mn on the preliminary work of the project and invited more than 3,000 experts from over 200 design, scientific and research units to participate in the studies of the construction works, including the necessary criteria of the port and feasibility of the project.Dayangshan and Xiaoyangshang cover an open yard of 6.5 sq miles, which is some 27.5km from Luchaogang in Shanghai. Dayangshan and Xiaoyangshan have more than 90 islands and reef. The first stage of the Yangshan project includes the building of the Lu Yang Bridge that will link Shanghai Luchaogang, Dayangshan and Xiaoyangshan Islands as well as the construction works of the phase 1 of the container terminal. The cost is estimated at $11.5bn and will take four to five years to complete. The bridge will be 30km long with four lanes and will cost about $5.6bn. The Shanghai Municipal Government will be responsible for all the investment plans of the bridge and the bridge will be designated as an urban facility with estimated toll fee at about $180 per vehicle. Meanwhile, the Design & Consulting Corp of the MoC will be responsible for the overall planning of Yangshangang.The first stage of the container terminal will see the opening of a 1,600m long quay and five deepwater berths with handling capacity of 1.8 to 2mn TEUs annually. The investment cost will be about $6bn.The Yangshangang project will cover an open yard of 20-22 sq km. The coastline will be about 20 to 22 km long with -14.5 to -15m draught whereas the channel will be at -15.5m deep. There will be 50 deepwater berths with designed annual capacity of 10mn TEUs. Estimated investment cost is about $40 to $50mn.Impact on Hong KongShanghai International Shipping Centre is located at the convergence point between the eastern coast of China and the Yangtze River. It enjoys excellent geographical locations. Its direct economic hinterlands include the Yangtze River Delta area of Jiangsu-Zhejiang-Shanghai. It also provides transshipment services for the middle and upper banks of Yangtze River including Xichuan, Zhongqing, Hunan, Hubei, Jiangxi, and Auhui. Table 2 shows the projected container throughout in the Yangtze River Delta and the districts in the middle and upper Yangtze River by the Planning Corp of the MoC.Hong Kong, the Far East shipping hub, has an economic hinterland that covers Guangdong, in particularly the Pearl River Delta. About 70% of containers handled in Hong Kong originate from or destined to Guangdong province. With different cargo sources, there is no competition between the ports of Shanghai and Hong Kong.In recent years, the number of transhipped containers from Shanghai via Hong Kong accounted for 20% of the total container throughput of Shanghai. For example, based on 1999 Shanghai throughput figures, of Shanghai's turnover of 4.21mn TEUs, about 1mn TEUs were transhipped via Hong Kong and comprised about 1/16 of the 16.2mn TEUs handled by Hong Kong in 1999. If the Shanghai throughput reaches 8mn TEUs in 2005 and we assume that the 20% transhipment cargo remains unchanged and all containers are shipped directly from Shanghai, Hong Kong will stand to lose only 1.6mn TEUs.

Port of Shanghai

PostTime:2008-04-09 08:15:44 View:590

The Port of Shanghai, located in the vicinity of Shanghai, comprises a deep-sea port and a river port. In 2005, with a total of 443 million tons of cargo transported, it became the world's busiest port by cargo tonnage for the first time.The Port of Shanghai faces the East China Sea to the east, and Hangzhou Bay to the south. It includes the heads of the Yangtze River, Huangpu River (which enters the Yangtze River), and Qiantang River.HistoryDuring the Ming Dynasty, what is now the city of Shanghai was a part of Jiangsu Province (with a small part in Zhejiang Province). While Shanghai had become a county seat in the Yuan Dynasty, it remained a relatively small town.Its location at the mouth of the Yangtze led to its development as coastal trade developed during the Qing Dynasty, especially the Qianlong era. Gradually, the port of Shanghai surpassed the port of Ningbo and the port of Guangzhou to became the largest port of China at the time.In 1842, Shanghai became a treaty port, thus developing into an international commercial city. By the early 20th century, it was the largest city in the Far East, and the largest port in the Far East.In 1949, with the Communist takeover in Shanghai, overseas trade was cut dramatically. The economic policy of the People's Republic had a crippling effect on Shanghai's infrastructure and capital development.In 1991, the central government allowed Shanghai to initiate Economic Reform. Since then, the port of Shanghai has developed at an increasing pace. By 2005, the Yangshan deep water port was built on the Yangshan islands, a group of islands in Hangzhou Bay, linked to Shanghai by the Donghai Bridge. This development allowed the port to overcome shallow water conditions in its current location, and to rival another deep-water port, the nearby Ningbo-Zhoushan port.Harbour zonesThe port of Shanghai includes 5 major working zones:Yangtze River estuary Huangpu River mouth at Wusongkou  Waigaoqiao  in Pudong Yangshan deep water port (Hangzhou Bay & East China Sea) Pudong coastline (East China Sea)

Shanghai port gains 23%

PostTime:2008-04-02 08:06:08 View:749

Shanghai International Port (Group) Co, operator of the world's second-busiest container harbor, said profit rose 23 percent last year as China's rising trade boosted demand for sea cargo transport.Net income climbed to 3.64 billion yuan, or 0.17 yuan a share, from 2.97 billion yuan, or 0.14 yuan, a year earlier, the company said in a Shanghai Stock Exchange statement yesterday. Sales climbed 27 percent to 16.3 billion yuan.Shanghai, aiming to surpass Singapore as the world's busiest container port this year, boosted traffic 20 percent in 2007. Growth in cargo volumes and profit at Chinese harbors may slow this year as demand weakens in the US and China attempts to cool its economy."It will be a difficult year for all port operators," Ji Min, an analyst at China Merchants Securities Co in Shenzhen, said before the earnings release. "The export slowdown will hurt port operators, especially the container handlers, significantly."Shanghai moved 26.2 million twenty foot-equivalent containers last year. Its cargo volume rose 4.2 percent to 560 million tons. Cargo boxes accounted for about half of Shanghai Port's sales last year, according to the statement.Singapore handled 27.9 million boxes last year, a gain of 13 percent. PSA International Pte, the largest operator at the city-state's port, and the world's second biggest container terminal company, boosted profit 59 percent last year on rising global trade and the sale of units.Hutchison Port Holdings Ltd, the biggest container terminal operator, raised earnings before interest and taxes 13 percent last year, parent Hutchison Whampoa Ltd said on March 27.Traffic in Shanghai, which overtook Hong Kong last year as the world's second largest container port, may increase to more than 30 million cargo boxes this year, Shanghai Port President Chen Xuyuan said earlier.China's ports may post smaller profit growth this year as slowing US consumer spending damps demand for Chinese-made goods, according to the National Development and Reform Commission.The country's ports will see a "turning point" this year, with investment and profit growth slowing in the years ahead, Wang Ming, a deputy director of transport at China's top planning agency, said.

Shanghai surges to second in port race

PostTime:2008-04-01 08:15:49 View:639

Shanghai has leapt over Hong Kong to become the world's second busiest container port, with 26.15 million TEUs crossing its wharves last year. Hong Kong handled 23.99 million boxes.The Yangtze River Delta port remains behind Singapore, which handled 27.9 million containers in 2007. However, significant expansion at Shanghai's giant Yangshan port complex means its move into number one spot is a matter of time.The 20.4 percent increase in throughput helped Shanghai International Port (Group) grow its net profit by 22.75 percent to US$518.77 million. Cargo volume handled stood at 353 million tonnes, up 13.1 percent, while operating revenue rose 27.6 percent to $2.32 billion.The port expects container throughput to reach 30 million TEUs this year, although concerns have been raised by the National Reform and Development Commission, China's top economic planning agency, over the slowing US economy.

Shanghai expects 10 per cent annual container growth

PostTime:2008-03-31 09:00:32 View:666

CONTAINER throughput of Shanghai's is expected to grow 10 per cent a year until 2010, a recent China Ports Future Forum was told.China Daily said growth was attributed to the booming economy along the Yangtze and preparations for the 2010 Shanghai World Expo.Xu Peixin, director general of the city port administration, said Shanghai is at a critical point in its development and "high value-added port services will be the key focus.Last year, container throughput at the port rose to 560 million tons, up 4.2 per cent on 2006. Shanghai's cargo shipments also increased by 26.1 million TEU, surpassing Hong Kong as the world's second-largest container seaport after Singapore.Mr Xu expects a more diversified investment strategy to enhance Shanghai's competitive edge in years to come. But he also saw a shortage of large deep-water berth and competent coastal pilots.Wang Ming, an official with the National Development and Reform Commission, said the shortage of land and energy faced by major coastal areas of eastern China will also hinder the development of the harbour industries. Ken Loh, president of Asian operations for container handling equipment maker Kalmar Industries, said construction had started on the second phase of its US$20-million Lingang plant in Shanghai.

Shanghai in January-February 2008--Total cargo volume grew by 5.2%

PostTime:2008-03-26 08:28:58 View:674

Shanghai International Port Group throughput only increased by 2.5%t year on year to 1.8 mn TEU in February because of snow storms, Logistics Week reported.SIPG alltogether handled 4.211 mn TEU in the first 2 months of this year, an increase totaled 9.2%.Total cargo volume of the Shanghai port from January to February grew by 5.2% - up to 56.17 mn tons.

Shanghai port expects 10%growth

PostTime:2008-03-24 08:27:02 View:668

The container throughput of Shanghai's seaport is expected to see stable growth of about 10 percent a year until 2010, a China Ports Future Forum said in Shanghai on Friday.The projected growth is attributed to the booming economy in the Yangtze River Delta and preparations for the 2010 Shanghai World Expo, Xu Peixin, director-general of the municipal port administration, said.The port is at a critical point in its development and "high value-added port services will be the key focus, supported by the government's investment and financial policies," Xu said at the forum.Last year, container throughput at the port rose to 560 million tons, up 4.2 percent on 2006. Also last year, Shanghai's cargo shipments increased by 26.15 million TEUs (twenty-foot-equivalent units) taking it past Hong Kong as the world's second-largest container seaport after Singapore.Xu said forward-looking policy measures for the port will include a more diversified investment strategy to enhance its competitive edge.But China's port industry still faces challenges, especially with regard to the shortage of large deep-water berths, Xu Li, assistant chief engineer with the Institute of Planning affiliated to the Ministry of Communications, said.There are also far too few professional port pilots in many coastal seaports, he said.Wang Ming, an official with the National Development and Reform Commission, said the shortage of land and energy faced by major costal areas of eastern China will also hinder the development of the seaport industry. He suggested improving coordination between China's harbors.For container handling equipment supplier Kalmar Industries, there is plenty of potential in China's port facilities market.Ken Loh, president of its Asian operations, said construction has begun on the second phase of its Lingang plant in Shanghai.The $20-million facility will boost production capacity and help the firm secure its position as the market leader on the mainland, he said.

Shanghai port's first 2 months see busy trade

PostTime:2008-03-17 08:43:16 View:637

FOREIGN trade via Shanghai port jumped 20.3 percent year on year to US$91.06 billion in the first two months of the year, official statistics show.The figure accounted for 24.9 percent of the country's total trade value of US$365.93 billion in January and February.Exports climbed 17.2 percent, a fall of 20.7 percentage points from the period a year earlier, to US$58.59 billion. Mechanical and electronics products took about 60 percent of total exports.Imports jumped 26.3 percent, a rise of 10.8 percentage points from the same period last year, to US$32.47 billion, Shanghai Customs said.The surplus climbed 7.6 percent to US$26.12 billion which was 66.1 percentage points lower from a year ago.Slower paceExport growth slowed as the Spring Festival holiday and the strongest winter blizzards in five decades closed factories and disrupted transport. Government policies introduced last year to reduce surging surplus also contributed to the slower pace, as shown in the steel and garment sectors.Imports, however, revved up as China bought more commodities and farm produce at higher prices. Through the Shanghai port 549,000 tons of agricultural products were imported in the two months, an annual increase of nearly 30 percent. Their average price shot up 24.7 percent from a year earlier.

E-tag to track ship containers all the way

PostTime:2008-03-11 08:46:55 View:716

Homegrown technology was used for the first time Monday for real-time monitoring of container shipment in the country's commercial hub.If the two- to three-month pilot program, supported by the Ministry of Science and Technology and the Ministry of Communications, is successful, it will help better fight terrorism, stowaways and food contamination in containers.Initially, 10,000 containers will be sealed with a special e-tag, which can be re-used on the shipping line between Shanghai and Savannah in the US state of Georgia, Shanghai International Port (Group) Co vice-president Bao Qifan.The e-tag that uses radio frequency identification technology will show a container's status in the logistics chain, and send warnings if it is opened without authorization, he said.The threat against terrorism, stowaways and food contamination has made real-time container monitoring throughout the logistics chain an immediate necessity, Bao said.US and European firms have been studying the technology, too, but "China is the first to mobilize resources such as ports, shipping companies, cargo owners and the Customs and put the technology into use on a commercial shipping line".The country's container throughput reached a record 100 million TEU (20-foot equivalent unit) last year. And Shanghai handled 26.15 million TEUs, second only to Singapore across the world.If an e-tag shows a container has not been opened on the way, it will help a cargo owner save the time he has to spend for Customs and quarantine checks at ports.

Shanghai expects volume to hit 30 million TEU in 2008

PostTime:2008-03-04 09:17:55 View:772

CONTAINER handling volume of Shanghai International Port Group (SIPG) is expected to exceed 30 million TEU this year, including nine million TEU handled by the port operator in Yangshan port, said general manager of SIPG Chen Xuyuan.During a promotion presentation for SIPG, Mr Chen said the company will commit itself to its major business, especially the container business. The goal of SIPG in 2010 is to handle 35 million TEU, including 15 million TEU handled in Yangshan, he added.SIPG, the largest port operator in Shanghai, handles more than half of the cargo volume and all of the containers in Shanghai port.Mr Chen said the company has been considering overseas IPO but there is no definite plan for this year.This year SIPG will continue to boost growth of container throughput, further expand international market and improve operation efficiency, especially the efficiency of the newly established projects like Luojing second phase, he said.The profit of SIPG's container business has been growing steadily at about 65 per cent in recent years and that of the bulk cargo business at about 50 per cent, together becoming major sources of the company's revenue and profit, Mr Chen said.While keeping the steady growth of major business, SIPG will boost the growth of supporting business like the port logistics business, which grows at about 20 per cent yearly, he added. 

Green privileges

PostTime:2008-02-28 08:34:27 View:751

FOREIGN ships can apply to pass an assessment program and enjoy privileges at local ports, including freedom from vessel examinations by local watchdogs. Shanghai Maritime Safety Administration said its "Shanghai Green Ship Scheme" was open to vessels that were "safe, non-polluting and of good quality." Foreign vessels that pass the assessments are granted a series of privileges that would remain effective for two years. The most attractive could be freedom from ship examinations by local port authorities. "An average exam by port authority on a foreign vessel would last from three to five hours and is required to take place once each year. "It's a lengthy step and one that increases the operational costs for the vessel management," Zhi said. The "Green Ships" will also enjoy priority on the deep waterway at the mouth of the Yangtze River and fast Customs procedures.