The "Pointer" Effect of Ningbo Port and Shipping Credit Evaluation Becomes Evident

（Source: China Water Transport Network）

Reprinted from: China Water Transport Network

The Ningbo transportation port and waterway authorities recently released the results of the 2025 second-half credit rating assessment for port and waterway enterprises. With this, the citywide credit assessment work for port and waterway enterprises for all of 2025 has been fully completed. The assessment data show that the distribution of credit ratings among participating enterprises has become more reasonable. The number of high-rated enterprises has declined, the number of mid- and low-rated enterprises has increased, and the “baton” effect of credit supervision continues to be released.

According to the assessment results, in the second half of 2025, among 182 waterway transportation enterprises citywide, there were 17 rated AA, 140 rated A, 24 rated B, and 1 rated D. Among 133 port-operation enterprises, there were 4 rated AA, 101 rated A, 27 rated B, and 1 rated C. Among 8 port-service enterprises (tugboats and cargo surveying), there was 1 rated AA and 7 rated A. Among 12 port safety assessment agencies, there were 8 rated A and 4 rated B.

Compared with the first half, the number of participating waterway transportation enterprises increased from 179 to 182, but AA dropped from 21 to 17, A dropped from 146 to 140, B doubled from 12 to 24, and for the first time 1 D-rated enterprise appeared—because it had been operating without authorization and was deducted 500 points. For port-operation enterprises, the number decreased from 140 to 133; A dropped from 113 to 101, B increased from 22 to 27, and C remained at 1.

Industry insiders noted that the ongoing optimization of the assessment standards and the strengthening of regulatory efforts make credit ratings reflect enterprises’ compliance levels more realistically. High ratings are no longer “universally granted,” and the strong-regulation effect for low ratings is starting to show.

According to the Ningbo Port and Waterway Administration Center, the 2025 second-half assessment results were officially released on March 5 and announced on the Ningbo Municipal Bureau of Transport and Communications website. Enterprises can check their own ratings through the “Zhejiang Transportation Credit Transportation” website, and the objection rectification and handling mechanism is running smoothly.

Since the “14th Five-Year Plan” period, Ningbo port and waterway has built a credit management system centered on credit assessment, gradually establishing a framework of “scientific assessment, widespread application, and data interoperability.” At present, the results of credit assessment have been directly embedded across the entire chain of industry governance. Ningbo port and waterway will link credit ratings to tiered and categorized supervision and the spot-check rate for hazardous goods declarations, achieving “the better the credit, the less the supervision.” At the same time, “Credit+” application scenarios have expanded from supervision into the fields of finance and insurance: the country’s first port safety liability insurance policy was rolled out in Ningbo, dynamically linking enterprises’ credit ratings with insurance premium rates; for small and medium-sized shipping enterprises, the “Port and Waterway Credit Loan” product incorporates industry credit data into banks’ risk assessment framework, providing flexible and efficient credit support. The above cases were promoted and publicized by platforms such as Xinhua News Agency and Credit Transportation·Zhejiang, and enterprises’ awareness of and participation in credit have improved significantly.

Recently, a batch of credit-related documents has been issued in quick succession, including the State Council’s “Implementation Plan for Establishing a Comprehensive Enterprise Credit Status Evaluation System” and the Ministry of Transport’s “Opinions on Improving the Credit System in the Transportation Sector,” among others. Credit is becoming an important institutional support for Ningbo to build a world-class strong port and optimize the business environment. The Ningbo Port and Waterway Administration Center stated that in early 2026, it has already started the “Credit Port and Waterway 2.0” initiative. It will continue to improve the indicator system for credit assessment in port and waterway, and deepen the application of credit results in areas such as administrative approvals, safety supervision, financial support, and compliance services—so that credit truly becomes a “key lever” for industry governance.

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