News on China.

China will allow crew changes in ten ports

Ten ports in China will open for foreign seafarers in relation to conducting crew changes, says Bimco. And the EU has reached an agreement on new joint travel rules, which makes shipowners hope for easier access for crew changes.

Maersk resumes blanked sailings on the Pacific

Maersk has resumed the sailings on the Pacific that it blanked in the second qurter. As such, the company follows in the footsteps of Chinese OOCL, which has also reinstated several blanked sailings in October.

China heralds large-scale oil import

China has announced plans to import large volumes of US reference oil WTI in August and September. This happens ahead of a review of the Chinese-US trade agreement, reports Reuters.

DFDS' Chinese yards up and running again

DFDS was one of several shipping lines that received a letter on force majeure from their yards in China. According to the ferry operator, the yards are operational again, and newbuild construction follows the set plan.

Broker: China could be preparing giant stimulus package

Seven provinces in China allegedly plan to invest the towering sum of USD 3.5 trillion in infrastructure in an effort to restart the economy following the coronavirus outbreak, reports Arrow Shipbroking Group citing a Chinese media.

Moody's: Maersk hit hardest by coronavirus

Among the three major European container lines covered by credit rating agency Moody's, Maersk is hit the hardest by the coronavirus. But CMA CGM and Hapag-Lloyd are also impacted by the outbreak, Moody's states.

Shipping lines starting to reopen offices in China

Several shipping lines have reopened offices in China, which have been closed due to the coronavirus outbreak. Others are working toward a return to normal operations. The death count of the virus has gone down for the first time, and China hopes to see the end of the outbreak in April.

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