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Oil shipping enterprises ready for implementing the plan "Chinese oil using Chinese shipping".(Transportation)
China Chemical Reporter
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April 16, 2004
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COPYRIGHT 2004 China National Chemical Information Center. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.
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* As a part of the oil safety strategy, relevant departments of the state have formulated a preliminary development program for the plan "Chinese oil using Chinese shipping".
* It is expected that the proportion of "Chinese oil using Chinese shipping" will increase from around 10% in 2002 to 25% in 2005 and reach 40% in 2010 and 60% in 2020.
* The portion undertaken by domestic shipping companies in the future imported crude oil transportation market in China will be shared between China Shipping (Group) Company, China Ocean Shipping (Group) Company (COSCO) ...
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