Sinotrans Shipping
| Company type | Public (formerly) |
|---|---|
| Industry | Shipping, Logistics |
| Founded | 2003 |
| Headquarters | Hong Kong , China |
Area served | China |
| Products | Vessel time chartering, Voyage chartering, Freight forwarding, Container liner operations, Shipping agency, Fleet management, LNG transportation |
| Parent | China Merchants Group |
Sinotrans Shipping Ltd. (previously traded under stock code: ) ranks among the foremost shipping enterprises in China and functions as a publicly listed subsidiary of China Merchants Group, with its main office situated in Hong Kong. The company is engaged in vessel time chartering and voyage chartering through its Dry Bulk and Container Shipping divisions, in addition to providing freight forwarding and container liner operations. Its service portfolio further includes shipping agency activities, fleet management, and transportation of liquefied natural gas.
Established in 2003 as a branch of Sinotrans Limited, Sinotrans Shipping entered the Hong Kong Stock Exchange in 2007, debuting at an initial public offering price of HK$8.28 per share. In 2009, Sinotrans Limited combined with CSC to create Sinotrans-CSC. Subsequently, in December 2015, the State Council of the People's Republic of China sanctioned a strategic consolidation involving this entity and China Merchants Group, resulting in Sinotrans Shipping becoming part of its current parent organization by April 2017.