
East China's Ningbo Customs has simplified clearance procedures for thermal coal imports as a persistent heatwave is exacerbating the power crunch in the region, according to the General Administration of Customs (GAC). Ningbo Customs has opened a separate window dedicated to thermal coal in order to help speed up clearances, a GAC statement said. Meanwhile, customs tracks bulk cargo through prior declarations and discharges them immediately after they arrive on shore, which saves time for power plants, the statement said. The entire clearance process for thermal coal takes less than 24 hours, according to traders. Ningbo customs has released a total of 2.6 million tonnes of coal since June, according to customs data. Power consumption has increased in the region, with extra use of air conditioning units and longer trading hours at shops during the summer. China is the world's largest producer and consumer of coal, with official data showing the country's coal production reached 3.65 billion tonnes in 2012.
GMT 12:09 2018 Monday ,26 November
Black Friday less wild as more Americans turn to online dealsGMT 15:06 2018 Sunday ,18 November
Refugee host countries discuss UNRWA's financial crisisGMT 16:17 2018 Monday ,12 November
Egypt working on 4-year plan to increase growth rateGMT 12:45 2018 Friday ,09 November
Egyptian agriculture products introduced to Japanese markeGMT 11:42 2018 Friday ,02 November
Turkey's new mega airport, boon for slowing economyGMT 13:42 2018 Monday ,29 October
Egypt's trade volume hits $67.63 bln over 9 monthsGMT 15:13 2018 Friday ,12 October
Govt to announce incentives package for Overseas PakistanisGMT 14:46 2018 Thursday ,11 October
Economy and energy dominate agenda in Russian-Slovak relationsMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor