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

shipping Freight transport, also referred to 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 ...

companies in

China China, officially the People's Republic of China (PRC), is a country in East Asia. With population of China, a population exceeding 1.4 billion, it is the list of countries by population (United Nations), second-most populous country after ...

and a listed subsidiary of

China Merchants Group China Merchants Group Limited ( zh, first=s, s=招商局集团, p=Zhaoshangju Jituan) is a state-owned enterprise (SOE) of the People's Republic of China. The company operates under the auspices of the Chinese Ministry of Transport. Founded in ...

headquartered in

Hong Kong Hong Kong)., Legally Hong Kong, China in international treaties and organizations. is a special administrative region of China. With 7.5 million residents in a territory, Hong Kong is the fourth most densely populated region in the wor ...

. It is engaged in vessel 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 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 to liquid form for ease and safety of non-pressurized storage or transport. It takes up about 1/600th the volume o ...

, 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. It is one of the largest stock exchanges in Asia and the List of major stock exchanges, 9th largest globally by market ...

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. A strategic merger of this new parent with

received approval from the

State Council of the People's Republic of China The State Council of the People's Republic of China, also known as the Central People's Government, is the chief administrative authority and national cabinet. It is constitutionally the highest administrative organ of the country and the e ...

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