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China’s Fuzhou port tightens coal import restrictions: sources

PostTime:2019-06-21 15:56:49 View:65

Customs officials for the Fuzhou port in China’s southeastern Fujian region said only coal end-users such as local steel mills or power plants will be able to obtain customs clearance for imported coal, according to market sources Thursday. Traders said the decision came into force on Tuesday, and effectively prohibits end-users from using their import quotas to bring in thermal coal for users located outside Fuzhou. Hence, coal imports without the backing of local end-users could be refused customs clearance at Fuzhou, market sources said. “This signals to me the start of coal import restrictions, and just like last year, there will not be any official documentation,” a southeastern China-based trader added. “This seems to be a warning to Chinese imports and the demand from China will now reduce,” an Australia-based miner said. Fuzhou customs officials did not disclose the amount of seaborne-traded thermal coal that end-users will be able to import into the port, said various southeastern China-based sources. Sources added that more coal imports were being declared to customs authorities away from the home district of the end-users. “This happens more often at eastern China customs,” a southeastern China-based trader said. POSSIBLE IMPACT Some traders suggested the new customs regulation may not have a significant effect as a large proportion of coal imported at Fuzhou is for the local end-users. But other market sources said the new customs regulation will be impactful. “China will need Indonesian low-calorific value thermal coal which they can hardly get from other markets,” said an Indonesia-based producer. Power plants will be worried as they have yet to call for tenders for low-calorific value thermal coal for the second half of August, a Singapore-based trader said. Another trader said healthy stockpiles of seaborne coal at Chinese power utilities and high stocks of Chinese domestic coal at northern ports will be sufficient for end-users’ summer requirements. “Major power plants must have learnt from their mistakes last year and are able to manage the blend by utilizing more high-calorific value Chinese thermal coal,” he added. Some Indonesia-based miners said they would like to act only when they get a fuller picture of the customs situation in China. An India-based trader said the new customs regulation could keep offers for Kalimantan thermal coal in check. “Some force majeure have been called off too, so supply should be less tight,” he said. After hearing the news of more stringent checks for Chinese imports, the market could remain soft for awhile, he added. “China will need Indonesian low-calorific value thermal coal which they can hardly get from other markets,” said an Indonesia-based producer.

Fuzhou port's 11-month throughput surpasses 2012's full-year volume

PostTime:2014-01-10 08:39:23 View:600

FROM January to November 2013, southeastern China's Fuzhou port handled 117 million tonnes of freight, which surpassed the full-year volume of 114 million tonnes in 2012 and increased 13.6 per cent over the same period in 2012, Xinhua reports. Container throughput grew 8.6 per cent to 1.79 million TEU. Foreign trade cargo climbed 16.6 per cent to 55.3 million tonnes. Domestic trade throughput went 11 per cent up to 61.84 million tonnes. In the month of November, Fuzhou's throughput tonnage increased 21.9 per cent to 12.48 million tonnes. Its container throughput grew 8.1 per cent to a new monthly record of 181,700 TEU. Foreign trade cargo weighted 5.9 million tonnes, up 11.6 per cent. Domestic trade cargo grew 32.8 per cent to 6.58 million tonnes.   

Fuzhou's Qingzhou Container Terminal volume up 11.1pc in first 7 months

PostTime:2013-08-19 10:09:38 View:701

FUZHOU port, the second largest harbour in southeast coastal Fujian province, posted a 9.4 per cent year-on-year increase in volume to 1.1 million TEU from January to July. Throughput of Qingzhou Container Terminal takes up 35.4 per cent of the throughput of the entire port of Fuzhou, Xinhua reports. In the recently held evaluation and appraisal of Fujian's top 300 enterprises, Qingzhou Container Terminal was on final list again after winning the title in 2012, and was ranked 18th place in the list of Fujian's transport and warehouse service providers. Being selected as the top 300 enterprises in Fujian again, is a further confirmation of the positive operating results of the terminal and its efficient services, said the terminal. The integration of Fuzhou port's three largest container terminals, including the Qingzhou Container Terminal, has already begun. The three terminals will combine resources to further enhance operational efficiency and reduce cost, as well as to improved services to shippers and forwarders.

Fuzhou Port Group's May container volume up 14.7pc, setting new high

PostTime:2013-06-19 08:14:08 View:611

OPERATOR of the southeastern China port Fuzhou, the Fuzhou Port Group, achieved a new monthly container throughput record of 159,000 TEU in May, 14.75 per cent more than in the same month back in 2012. The port's May throughput was also 10.64 per cent more than the volume in April. Its container throughput has been growing for three months in a row since March, according to Xinhua's report. Qingzhou Container Terminal, one of the terminals operated by Fuzhou Port Group, was seeing containerised domestic trade goods growing at a fast rate of 39.9 per cent year on year. The terminal recorded a throughput of 66,000 TEU in May, up 18.1 per cent. Xingang Container Terminal's growing transshipments led to a 14.3 per cent increase in its foreign trade container cargo. Jiangyin International Container Terminal handled 25,000 TEU, 14.08 per cent more than in the same month in 2012. Mawei Terminal's container throughput climbed 9.34 per cent to 23,000 TEU.

Fuzhou Customs Quarantine Bureau expands online clearance procedures

PostTime:2013-05-09 08:20:26 View:654

 The southeast Fujian Inspection and Quarantine Bureau and Fuzhou Customs announced that they have expanded paper-free customs clearance model in May to enhance efficiency and reduce time and money spent, reports Xinhua. The applicable scope of the measure has been upgraded from export cargo to import cargo and both import and export cargo from class B or above foreign trade enterprises can enjoy the paper-free clearance. The clearance time of each batch of goods can be shortened by two hours. The move is expected to save CNY45 million (US$7.3 million) a year for the enterprises in Fujian and expand the number of enterprises to 9,000 from the original 560, taking up 99 per cent of its total foreign trade enterprises. The paper-free clearance has saved CNY15 million and reduced 150,000 hours of clearance time for the enterprises in Fujian since the province introduced it for export goods in August 2011. The paper-free clearance model takes commodity inspection form's online verification system as platform, cancelling the paper declaration forms and accompanying documents and certificates.

Fuzhou, Xiamen customs cooperate to provide faster cargo clearance

PostTime:2012-11-26 08:23:21 View:715

FUZHOU and Xiamen customs in Fujian province will cooperate to accelerate customs clearance for local shippers and foreign-owned enterprises, reports Xinhua. The two customs offices recently signed the Fuzhou Customs and Xiamen Customs Law Enforcement Cooperation Mechanism Memorandum, under which they will establish a system of coordination, improving enterprise classification, thus resulting in a non-discriminatory approach to the same kind of enterprises. In addition, they will build cross-strait customs cooperation mechanism, and issue the specific measures to simplify the cross-strait customs' procedures for carrying out the Economic Cooperation Framework Agreement (ECFA) effectively.

MOL opens branches in Fuzhou, Zhongshan, closes representative offices

PostTime:2012-07-17 21:18:46 View:855

SHANGHAI-based MOL (China) Co., Ltd has opened branches in Fuzhou and Zhongshan to replace the company's representative offices to extend its own network in China and create a more powerful and flexible sales force. A company statement said it expects the two cities to play an important role in the future expansion of trade in China. It highlighted that Fuzhou will serve as a logistics hubs for gateway ports, such as, Mawei and Jiangyin in Fujian province; and the other will serve as a logistics hub for the ports of Zhongshan, Zhuhai and Jiangmen in Guangdong province. Major industries in these areas include shoes, tiles, electronics, metal, plastic and electrical products. With the opening of the Fuzhou and Zhongshan branches, MOL (China) has 13 branches and offices in China.

K+N opens in Fuzhou, Wuxi, Zhengzhou, Taicang, Yangzhou and Yinchuan

PostTime:2011-09-27 08:22:23 View:717

KUEHNE + NAGEL has incorporated road logistics into its integrated range of services and is steadily expanding its office network in response to growing market demand for domestic services in China. The Swiss logistics giant, rated the world's largest forwarder, has recently opened in Fuzhou, Wuxi, Zhengzhou, Taicang, Yangzhou and Yinchuan. By the end of the year, eight depots will be established in Shanghai, Tianjin, Guangzhou, Qingdao, Beijing, Xiamen, Chengdu and Wuhan, enabling the freight forwarder to offer a total of 20 links. Further network extensions are scheduled for next year as well. The company also highlighted the launched of its first long-haul shuttle between Shanghai and Tianjin in April, a 1,200 kilometre route with scheduled departures from both locations three times a week. In August, the company started a second connection, running three times a week between Shanghai and Guangzhou. The services are offered using its own hub and spoke network, promising door-to-door services, direct pick-ups and deliveries, guaranteed departures, reliable lead times, and proof of delivery, it said. "The expansion is in line with our growth strategy and 'Go-West' market approach in China," said Kuehne + Nagel Asia Pacific president Andy Weber.  

Fuzhou port first half foreign trade cargo up 15.5pc to 247,000 TEU

PostTime:2011-09-14 08:12:07 View:683

FROM January to June, Fuzhou port, in south eastern Fujian province, lifted 247,900 TEU of containerised foreign trade cargo, 15.5 per cent more than in the same period in 2010, Xinhua reports. Containerised imports totalled to 122,900 TEU, up 18.2 per cent. Exports climbed 13.1 per cent to 125,000 TEU. During this period, Fuzhou offered three new routes to US west coast. The port is now operating routes to Europe, Mediterranean, US west coast, Middle East, west Africa, South Africa, Korea, Japan, south east Asia, Hong Kong and Taiwan.  

Five injured when cargo ship explodes while under repair near Fuzhou

PostTime:2011-07-29 08:53:31 View:689

FOUR firefighters and a worker were injured in an explosion on a cargo ship that was under repair at a port near Fuzhou, Fujian province, reported China News Service. The blast occurred aboard the 5,000-ton freighter at 8.35pm and was soon ablaze, trapping nine aboard, according to the Fuzhou fire brigade. Firemen rescued eight people, but one man was still trapped inside the ship. When firemen were planning a new search, the cabin burst into flame, injuring four firefighters and a shipyard worker. Among the injured, a firemen was in critical condition while the others were stable at a local hospital, according to the report.  

Tokyo route opens at Fuzhou Xingang

PostTime:2010-12-28 08:36:56 View:933

Recently, the ship Mediterranean Sentosa docked at Fuzhou Xingang, symbolizing the opening of the Mediterranean Shipping Company's Tokyoroute fromFuzhouPort's Jiangyin harbor district.The weekly route stops at Hong Kong, Chua Lam inVietnam, and Fuzhou Xingang. It docks as Fuzhou Xingang every Wednesday with a vessel capacity of 2,000 TEU (twenty-foot equivalent unit).Fuzhou Xingang is located in Jiangyin harbor district in the north ofFuzhouport. It is the first deepwater wharf designed only for containers with a throughput capacity of more than 2 million TEU per year, making it one of the most important ports within the harbor district. Since it came into use in 2002, more than ten routes have opened coving Europe, the Middle East, Asia,Hong Kong,Taiwan, and domestic destinations. Throughput capacity is set to increase by 30 percent year on year.

Fuzhou H1 container throughput up 41 percent to 314,000 TEUs

PostTime:2010-07-30 09:56:36 View:812

Fuzhou New Port International Container Terminal completed throughput of 314,000 TEUs in the first half of 2010, up 41 percent year-on-year, a new record for Fuzhou, reported NewsTrak Daily.Export cargo surged 46 percent year-on-year during the period, higher than the average growth of Fujian's other ports.The depth of Fuzhou, its proximity and short distance to Taiwan, and opening of more container lines since 2003 to Europe, Middle East, West Africa, Korea, Southeast Asia, Hong Kong line had underpinned its growth.Despite the global financial crisis and the tarnished shipping market in 2009, the throughput in Fuzhou maintained its 30 percent growth and it handled 500,000 TEUs in the year for the first time.