Ningbo Marine secures three-year coal shipping contract extension

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 worked for a number of logistics firms following his English degree, then switched this hands-on experience to writing and has since become one the most prolific writers on the diverse China logistics industry writing for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week. Jason’s access to the biggest shippers with business in China has proved an invaluable source of exclusives.

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