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Shanghai port company SIPG considers stake in Shanghai Jinjiang Shipping

Author: Posttime:2015-04-28 08:46:53

SHANGHAI International Port (Group) Co (SIPG) has announced it is considering investing in Shanghai Jinjiang Shipping, short-sea container carrier serving the coast and Taiwan Strait.

Established in 1983, Shanghai Jinjiang Shipping posted a net profit of CNY75.64 million (US$12.1 million) and a revenue of CNY1.56 billion in 2013, reported Seatrade Global.
On the short-sea container shipping sector, SIPG owns Shanghai Haihua Shipping Co (Hasco), which provides container transport from China to Japan and south east Asia.
source:Schednet
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