The first Sino-foreign joint venture domestic waterway chemicals transportation company, Nanjing Yangyang Dongyi Shipping Co., Ltd., which was approved by the Ministry of Communications and the Ministry of Commerce, was formally opened. Industry insiders commented that the move marked the official opening of China's water chemical transportation market.
The rapid development of China's petroleum and chemical industries has led to the development of the chemical shipping industry. China imports about 20 million tons of bulk products every year. Due to the characteristics of high-risk, high-tech, and high-investment industries in the chemical shipping industry, the state and governments at all levels are very strict in the management of the chemical industry's water transportation industry. Last year, the country established five Sino-foreign joint venture shipping companies through a special bid invitation.
Yangyang Dongyi Shipping Co., Ltd. was jointly invested by Yangyang Chemical Industry & Trade Co., Ltd., a company controlled by China National Changhang Group Nanjing Oil Transportation Co., Ltd., and Tokyo Shipbuilding Co., Ltd., Japan's No.1 Tanker Co., Ltd., among which Nanjing Yangyang Chemical Industry & Trade Co., Ltd. The company holds 51% of the shares. Nanjing Yangyang is one of the earliest bulk transportation companies in China, and two Japanese partners are the leaders of the global bulk shipping industry. They are all professional chemical shipping companies. According to reports, the joint venture company was incorporated on April 26 and began commercial operations on July 12. The 2,500-ton stainless steel vessel purchased from South Korea has already begun a voyage. The joint venture company will provide high-level shipping technical standards, scientific cargo operations, and standardized shipping services to provide chemical, health, safety, and environmental-friendly shipping services to chemical customers in Nanjing and throughout the country. At the same time, it will make the construction and development of Nanjing Chemical Industrial Park. contribution.
Shipping experts pointed out that opening up the domestic water chemical transportation market will help improve the technical structure of China's chemical transport ships. The demonstration effect and leading role of the joint venture company will improve the overall quality and level of domestic chemical transportation, and realize the rapid development of chemical transportation. At the same time, the integration of foreign capital into China's water transport market means that the competition in this field is fiercer and imposes new requirements on domestic shipping companies in terms of technology, management, and mechanism.
The rapid development of China's petroleum and chemical industries has led to the development of the chemical shipping industry. China imports about 20 million tons of bulk products every year. Due to the characteristics of high-risk, high-tech, and high-investment industries in the chemical shipping industry, the state and governments at all levels are very strict in the management of the chemical industry's water transportation industry. Last year, the country established five Sino-foreign joint venture shipping companies through a special bid invitation.
Yangyang Dongyi Shipping Co., Ltd. was jointly invested by Yangyang Chemical Industry & Trade Co., Ltd., a company controlled by China National Changhang Group Nanjing Oil Transportation Co., Ltd., and Tokyo Shipbuilding Co., Ltd., Japan's No.1 Tanker Co., Ltd., among which Nanjing Yangyang Chemical Industry & Trade Co., Ltd. The company holds 51% of the shares. Nanjing Yangyang is one of the earliest bulk transportation companies in China, and two Japanese partners are the leaders of the global bulk shipping industry. They are all professional chemical shipping companies. According to reports, the joint venture company was incorporated on April 26 and began commercial operations on July 12. The 2,500-ton stainless steel vessel purchased from South Korea has already begun a voyage. The joint venture company will provide high-level shipping technical standards, scientific cargo operations, and standardized shipping services to provide chemical, health, safety, and environmental-friendly shipping services to chemical customers in Nanjing and throughout the country. At the same time, it will make the construction and development of Nanjing Chemical Industrial Park. contribution.
Shipping experts pointed out that opening up the domestic water chemical transportation market will help improve the technical structure of China's chemical transport ships. The demonstration effect and leading role of the joint venture company will improve the overall quality and level of domestic chemical transportation, and realize the rapid development of chemical transportation. At the same time, the integration of foreign capital into China's water transport market means that the competition in this field is fiercer and imposes new requirements on domestic shipping companies in terms of technology, management, and mechanism.
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