We have received the information regarding the subject matter from the local correspondent in China, Oasis P&I Services Company Limited.

The Chinese government modified the Regulations of the People's Republic of China on International Maritime Transport on 20 July 2023 with immediate effect, which leads to some changes for operators engaging in international maritime transport operation entering or leaving Chinese ports.

The main modification of the regulation is that international container transport operators and NVOCC no longer need to apply for approval before engaging in the relevant business but are only required to file a necessary record to the relevant authority. For more details, please find the circular attached.