China’s Xingtong Shipping establishes chemical tanker joint venture
Chinese chemical tanker player Xingtong Shipping has established a joint venture with Xiamen C&D Supply Chain Logistics Technology, a subsidiary of fellow supply chain management conglomerate C&D. The Shanghai-listed duo is launching Shanghai Xingtong Lianfa Shipping with $35m registered capital that will focus on building and operating new chemical carriers for global trade. The JV, …
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