GasGreater China

Cosco Shipping Energy Transportation to bid for LPG tanker

Cosco Shipping Energy Transportation, the energy shipping unit of Chinese shipping conglomerate China Cosco Shipping, has announced that the board has approved it subsidiary, Shenzhen Cosco LPG Shipping, to join the bidding for a second hand LPG vessel.

Hua Nan 3, which is owned by Shenzhen Southern China LPG, is currently listed on Chongqing United Equity Exchange.

The starting price for the bidding is RMB36.15m (5.2m).

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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