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Maintaining Strategic Focus and Striving to Expand the Market | The Joint Reserve Projects were Successfully Launched
发布时间: 2022-04-22

On 12 April, the sale and leaseback projects of two chemical tankers between COSCO SHIPPING DEV and a well-known chemical tanker operator were successfully launched.

The projects contain two main types of vessels, ie. stainless steel chemical tanker and coated chemical tanker, with a deadweight tonnage spanning from 8,000 tons to 25,000 tons. The successful launch of the projects enables COSCO SHIPPING DEV to further consolidate its position in the domestic vessel finance leasing market, strengthen its cooperation with domestic shipowners, and improve its market influence and popularity, marking the further expansion of COSCO SHIPPING DEV in the chemical vessel asset sector.

In the face of the current complex and ever-changing market environment, while ensuring compliance and safety, COSCO SHIPPING DEV will continue to maintain its strategic focus, closely follow the market and actively expand its business areas. In the future, the Company will further deepen the operation of the shipping industry chain and coordinate with the business linkage within the Group, to promote the development of the shipping industry and contribute "shipping power" to global connectivity.

About Us
COSCO SHIPPING Development Co., Ltd. (the “Company” or “COSCO SHIPPING Development”), formerly known as China Shipping Container Lines Company Limited, is a subsidiary of China COSCO SHIPPING Corporation Limited (“China COSCO SHIPPING” or “COSCO SHIPPING”) specialized in supply-chain financial services. The Company was established in 1997, with head office in Shanghai, the People’s Republic of China (the “PRC”), and is listed both in Hong Kong and Shanghai. The registered capital of the Company is about RMB11.61billion.
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