Industry dynamics

Hong Kong Faita Shipping in Ship recycling War

Release time:

2016/03/01 00:00

Hong Kong's Continue Shipping, a small Chinese owner of Panamax bulk carriers, has been caught in the middle of a growing wave of ship repossession by finance lessors due to corporate defaults.
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Business information

The development of China's shipping industry

The development of China's shipping industry

China's shipbuilding industry developed slowly in modern times. From 1865 to 1866, the Qing government successively established the Jiangnan Manufacturing General Bureau and Fuzhou Shipbuilding Bureau, and built warships such as "Baomin", "Jianwei" and "Pinghai" and passenger and cargo ships on the Yangtze River such as "Jiangxin" and "Jianghua".
Regulations on the Prevention and Control of Marine Environmental Pollution by Ships

Regulations on the Prevention and Control of Marine Environmental Pollution by Ships

The Regulations on the Prevention and Control of Marine Environmental Pollution by Ships, which were adopted at the 79th Executive Meeting of The State Council on September 2, 2009, are hereby promulgated and shall come into force as of March 1, 2010.
The preparation before the voyage

The preparation before the voyage

After receiving the voyage order, it shall immediately announce the sailing time, notify the crew members to return to the ship on time, and prepare enough fuel materials and daily necessities of the ship.
Classification of ships

Classification of ships

Ships can be classified in many ways by purpose, state of navigation, number of hulls, propulsion power, propeller, etc.
Regulations of the People's Republic of China on Emergency Preparedness and Management of Marine Environmental Pollution by Ships

Regulations of the People's Republic of China on Emergency Preparedness and Management of Marine Environmental Pollution by Ships

The Provisions of the People's Republic of China on Emergency Preparedness and Management of Marine Environment Pollution by Ships, which were adopted at the 12th Ministerial Meeting on December 30, 2010, are hereby promulgated and shall come into force as of June 1, 2011.
Rules for boat routine maintenance

Rules for boat routine maintenance

The boat is moored in the water with high humidity and salt content, and it is very easy to form salt crystallization on its surface. This crystal layer has the effect of accelerating the aging of gelcoat surface under the light. Therefore