In today's global economy, transporting bulk liquid hazardous goods by sea is crucial for supply chains, with growing safety and environmental concerns. China's Ministry of Transport issued new regulations to manage this sector sustainably through scientific controls.
Market Regulation
The announcement emphasizes capacity control and merit-based selection. The Ministry will regulate the market fairly based on supply and demand. These rules took immediate effect, advancing China's hazardous goods shipping sector.
New entrants face a comprehensive evaluation system. Criteria include qualifications, technical skills, management, and safety records. The Ministry will create detailed implementation rules for evaluation.
New Entrant Rules
Operators must meet "Domestic Water Transport" requirements, prioritizing qualified companies. This policy encourages competition while maintaining safety. Companies must balance technical growth with safety standards.
New vessels must meet national standards through construction, flag transfers, or acquisitions. This approach promotes innovation and safety improvements.
Fleet Updates
Companies can replace old vessels using "retire one, add one" policies. New capacity can't exceed 50% of retired tonnage, balancing market stability with technological progress.
Environmental Focus
The policy supports green development in hazardous liquid transport. It aims to boost sustainability and low-carbon innovation, transforming traditional methods.
The Ministry will monitor emissions, noise, and water pollution. This framework improves environmental performance and supports green shipping goals.
Regular policy evaluations will ensure effectiveness. Training will help organizations implement rules properly.
The announcement replaces previous notices, streamlining regulations. This framework should energize China's hazardous goods shipping market and drive industry transformation.