Posts tagged "shipping"

Blue Economy in China

Coastal areas of Shandong, Zhejiang and Guangdong to spearhead sector development   The oceans have often played an important role in shaping the history and charting the destiny of nations. But in modern times the oceans have taken on a different hue with a strong blue (marine) economy holding the promise of steady and sustained economic growth.   China, despite its vast huge coastal resources, has never been able to gain significant economic advantage from them due to...

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China’s Logistics: New Artic Sea Way

The use of Arctic shipping routes is doubling this year as global warming makes it more convenient to traverse the Arctic Ocean when servicing Russia, Europe and Eastern China.   Escorted by Russian ice-breakers, the Arctic routes are being used from now until October. The first vessel to use the route this year is a Singaporean tanker, carrying gas condensate from the Russian Novatekc Purovsky gas processing plant to the city of Ningbo on China’s eastern seaboard. The arctic route ...

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