China Shipping bulletins on November 21,2019

1.From January 1st of this year to the end of 2023, for ocean-going seafarers who sail for more than 183 days a year, their wages and salaries were reduced by 50% into the taxable income of the individual tax.

2.The Chinese central government has announced the issue of guidelines to promote intelligent shipping development of the nation.

3.Singapore’s Sentek Marine & Trading has placed an order with China’s New Times Shipbuilding for the construction of four 158,000 dwt suezmax crude tankers.

4.The Philippines authorities say they have filed reports addressing all the deficiencies in its maritime training and certification found by the European Maritime Safety Agency’s (EMSA).

5.Leaders from the maritime, legal and banking sectors in Hong Kong see huge business potential in the Greater Bay Area and stress that governments need to listen to voices from the private sector.

6.Wuhu Changjiang (Yangtze river) Bridge Comprehensive Economic Development Zone Administration Committee has inked investment cooperation agreement with Huainan Mine Clean Energy Company for the development of an LNG inland river terminal project in Wuhu.

7.Anhui Zhonglian Shipping has chosen Yizheng Yangzi Shipbuilding for the construction of four 22,500 dwt bulk carriers through a tender process.

8.Fujian Yonghang Shipping has placed an order at Fujian Lixin Shipyard for the construction of a 22,500 dwt handy bulker.

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