China Merchants Energy Shipping Explained

China Merchants Energy Shipping Company Limited
招商局能源运输股份有限公司
Foundation:2004
Location Country:People's Republic of China
Key People:Chairman

Mr. Fu Yuning

Area Served:People's Republic of China
Industry:Shipping and Logistics
Products:Energy transportation
Parent:China Merchants Group
Owner:China Merchants Group
Homepage:China Merchants Energy Shipping Company Limited

China Merchants Energy Shipping Company Limited, parented by China Merchants Group, is engaged in shipping industry, including tanker transportation, bulk cargo vessel transportation. Other businesses include training for sailors and sales of electronic ship machinery. It is headquartered in Shanghai, China.[1] [2] They are the parent company for China VLOC Company Limited, a wholly owned subsidiary that manages four VLOCs they had previously acquired from Vale.[3]

Its A shares were listed on the Shanghai Stock Exchange in 2006.[4]

In September 2010, China Merchants announced that it planned to double the capacity of its dry bulk fleet by early 2012.[5]

External links

Notes and References

  1. https://www.google.com/finance/quote/601872:SHA China Merchants Energy Shipping Co., Ltd
  2. http://wrightreports.ecnext.com/coms2/reportdesc_COMPANY_C156XKC00 China Merchants Energy Shipping Co.Ltd - Company Profile Snapshot
  3. Liang, Lee Hong. "China Merchants Energy Shipping forms subsidiary to own valemaxes", Seatrade Maritime, 2 September 2015. Accessed 28 October 2015.
  4. Web site: Merchants Energy sets IPO price at top end . 2008-05-23 . https://web.archive.org/web/20110716181505/http://sznews.com/english/content/2006-11/24/content_565835.htm . 2011-07-16 . dead .
  5. Web site: Lloyd's List - Dry Cargo - China Merchants aims to double dry bulk carrying capacity. 2010-09-11.