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News

New rules to restrict foreign vessels on Chinese waterways

24 October 2012
China’s State Council has issued regulations that ban domestic companies from operating foreign-made vessels on domestic waterways and bar foreign shipping service firms from selling services in China, reported Reuters.

The rules, set to come into effect from 1 January, are designed to protect the domestic shipping industry, which has been hard hit by overcapacity and slowing global trade. According to the report, they could lead to a restriction of foreign companies from selling into future waterway infrastructure projects.

Foreign shipping service enterprises are also banned from hiring Chinese ships or shipping space, “or using other means to covertly operate waterway transport services”. Companies found to be using overseas vessels on rivers will face penalties, including fines of up to Rmb1m.

Chinese operators are restricted from using foreign boats, including those registered in Hong Kong, Macau and Taiwan, unless there is a shortage of Chinese ships and the company gets permission from the State Council.

     
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