Explosion Update: Tianjin Terminals Closed Indefinitely

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Inchcape Shipping Services (ISS) has advised that all chemical, oil, and LPG terminals in Tianjin port have closed following the Tianjin warehouse explosion in China.

The cause of the explosion is currently unknown but is understood to have involved a shipment of explosives in the port area.

According to IHS Maritime 360, the death toll has now reached as many as 50 people and although some port operations have resumed, others are likely to remain closed.

Tianjin, the port gateway to Beijing, is a major base for petrochemicals, refining and other industries.  

ISS understands the port authority has arranged some un-berthing of bulk ships from midday local time, but there is currently no schedule for vessels berthing and it is unknown at present when the terminals will re-open.

Normal operating conditions are continuing for the loading and discharge of bulk cargo, such as coal and iron ore and general cargo in Tianjin Xingang port. 

ISS Tianjin is operating as normal and will continue to monitor developments and keep its clients updated.

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