Shenghang Shipping plans to order tanker

Shenghang Shipping plans to order tanker

Chinese domestic tanker operator Nanjing Shenghang Shipping is planning to order a 5,000 dwt tanker to operate within the chemical and petroleum shipping business domestically, and has received approval from the Ministry of Transport to do so.

The company plans to order the vessel within the next year.

Shenghang Shipping is currently planning an IPO and it has submitted an application with the China Securities Regulatory Commission.

Shenghang Shipping mainly operates in the domestic petrochemical shipping business with a fleet of 12 tankers.

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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