Dry CargoGreater China

Ningbo Marine secures three-year coal shipping contract extension

Chinese bulker operator Ningbo Marine has entered into a new contract with Zhejiang Zheneng Fuxing Fuel for coal shipping services.

The contract is for a period of three years and is an extension of a three-year contract the two parties signed in 2015.

Zhejiang Zheneng Fuxing Fuel is an affiliate company of Ningbo Marine’s parent company Zhejiang Energy Group.

Ningbo Marine is currently under a major restructuring process in which it plans to acquire all the shipping assets of Zhejiang Energy Group.

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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