China relaxes cabotage rules for foreign carriers amid global shipping logjam
Foreign shipping lines and their peers from Hong Kong and Macao have been given access to Chinese coastal shipping routes for international trading containers between four key ports
Maersk welcomed the new rules, which it said could help optimise networks and may ‘address some of the factors behind the bottlenecks in supply chains’. It remains to be seen how the policy initiative will pan out this time, with detailed guidance yet to be released
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