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The firm also provides shipping agency and fleet management services and ships liquefied natural gas, among other activities. [4] Sinotrans Shipping was established in 2003 [1] as a subsidiary of Sinotrans Limited, and was listed on the Hong Kong Stock Exchange in 2007 with an IPO price of HK$8.28 per share,. [5]
This formed a core part of the China Yangtze River Shipping Group when created in 1992, ultimately gaining its present name in 1996. In 2009 the company was reorganised together with the (also [state-owned]) China National Foreign Trade Transportation (Group) Corporation ( Sinotrans ) to form Sinotrans&CSC Holdings . [ 1 ]
Sinotrans operates railway freight connections from four centers in China. The operation centers are in Guangzhou , Shenzhen and Dongguan in Guangdong , and in Changsha , Hunan . [ 6 ] The international railway freight network is an implementation of the Belt and Road Initiative .
Investors are always looking for growth in small-cap stocks like Sinotrans Shipping Limited (SEHK:368), with a market cap of HK$7.98B. However, an important fact which most ignore is: how ...
Sinotrans Changhang, or Sinotrans&CSC Holdings, is the largest logistics company of the People's Republic of China, with further interests in shipping and shipbuilding.The group is state-owned and was formed in March 2009 by the reorganisation of two other state-owned enterprises, the China National Foreign Trade Transportation (Group) Corporation and the China Changjiang National Shipping ...
AMTC was incorporated in 1999 in Cebu City, Philippines with the goal of providing end-to-end transport and logistics services as well as shipping services for inter-island passengers and cargoes. [1] [2] That same year, it began operating the Super Shuttle RORO brand of inter-island logistics service using refurbished German RORO vessels.
Operating income generated by Hong Kong-listed Sinotrans fell by 5.79% to stand at 18.13 billion Chinese yuan ($2.54 billion) in the third quarter of the year. Addressing the declines in revenues ...
China Merchants Energy Shipping Company Limited (SSE: 601872), 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 .