Shanghai: Hong Glory Shipping, a young breakbulk shipping firm based in Shanghai, is looking to expand into the Middle East market, Li Xin, Persian Gulf supervisor at the company, told Splash at Breakbulk China in Shanghai.
Li said the company has seen growing export demand for steel products, machinery products and construction vehicles in the region, and plans to add more capacity on the routes to the region.
The company has established partnerships with a number of large domestic groups including China National Petroleum Corporation, Ansteel, Baosteel and China Railway Construction.
The company was established in October 2013, and currently uses chartered vessels. It currently has five vessels on long-term charter and 15 vessels on short-term charter.