Greater China

Hengli Shipping to start operations

Dalian: Hengli Shipping, a new shipping company based in Dalian, will start operations soon. The company has just received the first of the ten 15,000 dwt bulkers it ordered at Jiangsu Haitong Offshore Engineering.

Another four vessels will be delivered in August and the rest will be delivered by the end of this year.

Hengli Shipping is the shipping arm of Hengli Group, a multi-sector enterprise which is in the fields of petrochemicals, engineering plastics, real estate and financing. It currently operates the largest purified terephthalic acid (PTA) factory in the world and has a dedicated PTA shipping terminal at Changxing Island off Dalian. [04/06/14]

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