Pingtan International Shipowners Association was founded on Feb.17. Pingtan is a port city located in the Fujian province, reputed as home to the shipping industry in China.

This association aims to promote cooperation and communication between Pingtan-based shipowners and their international counterparts, as well as to enhance the competitiveness of Pingtan's shipping industry.

According to sources, the association has over 200 vessels. Fang Liangdong, deputy director of the Administrative Committee of Pingtan, said at the inauguration ceremony that the local government will enact a slew of supportive policies to inject a strong impetus for the development of the shipping industry.

Representatives from Japanese and Italian shipping companies stated that Chinese-owned vessels have always been present in the international shipping industry. The international shipping community looks forward to ushering in a new chapter of sustainable industrial development with the association.

Pingtan's strategic location in the Taiwan Straits, as well as its proximity to major shipping lanes, has made it attractive for shipping companies. It remains to be seen how the association will develop and what specific benefits it will bring to Pingtan's shipping industry. However, the establishment of such an association is a positive sign for the city's future as a hub for international shipping.

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