Greater ChinaTankers

China Shipping Chemical Transport inks charter deal with Fenghai Shipping

China Shipping Chemical Transport, a unit of Cosco, has entered into an agreement with Dongguan Fenghai Shipping for vessel charter arrangements.

Under the agreement, China Shipping Chemical Transport will charter a number of chemical tankers from Fenghai Shipping and the vessels will be deployed for domestic operations on routes between northeast China and east China.

Fenghai Shipping emerged from bankruptcy with the support of new investor Shanghai Platinum Asset Management earlier this year. The company currently owns a fleet of 24 chemical tankers according to VesselsValue.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.
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