Marine Fuel Exports 2nd Highest on Record

China’s exports of low sulfur marine fuel in March rose 57% on year to the second-highest monthly level on record, says an article on Reuters.

Information regarding Exports

March exports reached 1.68 million tonnes, extending strong growth in the first two months of the year when volumes doubled on an annual basis, customs data showed.

To promote low-sulfur fuel

The Chinese government last year started granting tax incentives to prompt production and exports of very low-sulfur fuel oil (VLSFO). The...

https://mfame.guru/marine-fuel-exports-2nd-highest-on-record/

Senate Confirms Aquilino to Serve as Next INDO-PACOM Commander

Adm. John Aquilino, U.S. Pacific Fleet commander, speaks with 13 other heads of navies or their representatives from allied and partner nations throughout the Indo-Pacific region during a virtual key leader engagement to discuss outlooks and perspectives in this COVID-19 environment on Sept. 23, 2020. US Navy Photo

The Senate today voted to confirm Adm. John Aquilino as the new head of U.S. Indo-Pacific Command.

Aquilino, who has served as the Navy’s U.S. Pacific Fleet commander since May 2018,...

https://news.usni.org/2021/04/21/senate-confirms-aquilino-to-serve-as-next-indo-pacom-commander

Chinese Ferry Suffers Explosion At New Wehai

There was a severe explosion in the deck of the Zhong Hua Fu Qiang ferry, reports Fleet Mon.

The Incident

There was a severe explosion in the deck of the Zhong Hua Fu Qiang when the ferry was about to depart to her port Dalian. The crew passengers were evacuated as soon as the ferry was ablaze in fire. The bottom deck was the worst hit.

About the vessel

ZHONG HUA FU QIANG is a passenger vehicle of Chinese origin travelling between WEIHAI till DA LIAN as a ferry service. Its length overall (LOA) is...

https://mfame.guru/zhong-hua-fu-qiang-suffers-explosion-at-new-wehai/

Asia faces complex policy considerations, Fireside conversation with Zhongxia Ji

Asia faces complex policy considerations, Fireside conversation with Zhongxia Ji

Wednesday 21 April 2021 – Vol.12 Ed.16.3

Commentary: How to avoid Asian monetary tantrums

By Taimur Baig in Singapore 

The battle against Covid-19 is by no means over, but Asia’s central banks must start confronting post-pandemic considerations. Economic normalisation is still a way off, but currencies and property markets have soared. As we enter the second quarter of 2021, it may make sense for regional central banks...

https://allaboutshipping.co.uk/2021/04/21/asia-faces-complex-policy-considerations-fireside-conversation-with-zhongxia-ji/

Marine Corps Ready to Conduct EABO Experiments with Allies in Indo-Pacific

U.S. Marines with 3d Battalion, 8th Marine Regiment, 3d Marine Division, load CH-53E Super Stallions with 1st Marine Aircraft Wing during Castaway 21.1 on Ie Shima, Okinawa, Japan, March 16, 2021. US Marine Corps Photo

After honing naval integration and then exercising in the Indo-Pacific with the joint force, the Marine Corps is ready to take its new island-hopping campaign concept to the next level by drilling with international allies and partners.

The Marine Corps last month wrapped up two...

https://news.usni.org/2021/04/20/marine-corps-ready-to-conduct-eabo-experiments-with-allies-in-indo-pacific

AFRICOM: Chinese Naval Base in Africa Set to Support Aircraft Carriers

Chinese sailors watch a People’s LIberation Army Navy (PLAN) pull into Djibouti. Xinhua Photo

A recently completed pier at the Chinese naval base near the entrance to the Red Sea is large enough to support an aircraft carrier, the top U.S. commander for Africa told lawmakers on Tuesday.

Referring to the Chines naval base in Djibouti, U.S. Africa Commander Army Gen. Stephen Townsend told the House Armed Services Committee that the People’s Liberation Army was expanding its existing naval...

https://news.usni.org/2021/04/20/africom-chinese-naval-base-in-africa-set-to-support-aircraft-carriers

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon