Sinotrans Shipping Ltd. (Former stock code: ) is one of the largest

shipping Freight transport, also referred as ''Freight Forwarding'', is the physical process of transporting commodities and merchandise goods and cargo. The term shipping originally referred to transport by sea but in American English, it has been ex ...

companies in China and a listed subsidiary of

China Merchants Group China Merchants Group Limited () is an international state-owned corporation (SOE) of the People's Republic of China. The company is operating under the auspices of the Chinese Ministry of Transport. Founded in 1872 China Merchants Steam Navig ...

headquartered in

Hong Kong Hong Kong ( (US) or (UK); , ), officially the Hong Kong Special Administrative Region of the People's Republic of China (abbr. Hong Kong SAR or HKSAR), is a city and special administrative region of China on the eastern Pearl River Delta i ...

. It is engaged in

vessel Vessel(s) or The Vessel may refer to: Biology *Blood vessel, a part of the circulatory system and function to transport blood throughout the body *Lymphatic vessel, a thin walled, valved structure that carries lymph *Vessel element, a narrow wat ...

time and voyage chartering through its Dry Bulk Shipping and Container Shipping segments, alongside freight and container forwarding and container line services. The firm also provides shipping agency and

fleet management Fleet management is the management of: * Commercial motor vehicles such as cars, vans, trucks, specialist vehicles (such as mobile construction machinery), forklifts, and trailers * Private vehicles used for work purposes (the 'grey fleet') * Avi ...

services and ships

liquefied natural gas Liquefied natural gas (LNG) is natural gas (predominantly methane, CH4, with some mixture of ethane, C2H6) that has been cooled down to liquid form for ease and safety of non-pressurized storage or transport. It takes up about 1/600th the v ...

, among other activities. Sinotrans Shipping was established in 2003 as a subsidiary of

Sinotrans Limited Sinotrans Limited (commonly referred to as Sinotrans) is one of the largest logistics companies in China. The business areas of the company include storage and terminal services and trucking and marine transportation. Operations Sinotrans operat ...

, and was listed on the

Hong Kong Stock Exchange The Stock Exchange of Hong Kong (SEHK, also known as Hong Kong Stock Exchange) is a stock exchange based in Hong Kong. As of the end of 2020, it has 2,538 listed companies with a combined market capitalization of HK$47 trillion. It is rep ...

in 2007 with an

IPO An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment ...

price of HK$8.28 per share,. Sinotrans Limited subsequently merged in 2009 with CSC to form

Sinotrans-CSC Sinotrans Changhang, or Sinotrans&CSC Holdings, is the largest logistics company of the People's Republic of China, with further interests in shipping and shipbuilding. The group is state-owned and was formed in March 2009 by the reorganisation ...

. A strategic merger of this new parent with

received approval from the

State Council of the People's Republic of China The State Council, constitutionally synonymous with the Central People's Government since 1954 (particularly in relation to local governments), is the chief administrative authority of the People's Republic of China. It is chaired by the p ...

in December 2015, and this resulted in the transfer (by April 2017) of Sinotrans Shipping to its current holding company.

References

Government-owned companies of China Logistics companies of China Shipping companies of China Companies formerly listed on the Hong Kong Stock Exchange Chinese companies established in 2003 2003 establishments in China {{China-company-stub