Sinotrans Shipping Limited is one of China's largest shipping companies in terms of self-owned dry bulk fleet size. We operate a self-owned fleet of vessels, and mainly engage in dry bulk vessel time chartering, container vessel time chartering and crude oil shipping services. We provide shipping services through chartering out vessels and also undertake technical management for most of our vessels to ensure that we maintain a fleet capable of providing high quality transportation services to our customers.
By leveraging the over 50 years of experience in the shipping industry of Sinotrans Group Company, our Parent, we have established long-standing relationships with several of our key customers and suppliers. We believe such long-standing relationships can be attributed to our reliable services and our integrity in conducting business, both of which are the essence of our enterprise culture. Our customer base comprises both domestic and multi-national charterers, including large ship operators and shipping companies. We work closely with our customers to provide them with marine transportation solutions that are both comprehensive and cost-efficient.
As we are headquartered in Hong Kong, we are better positioned to obtain business opportunities and financial services in a timely manner and at favourable prices. In addition, we use certain services from the Sinotrans Group, such as shipping agency services and port services, and take advantage of the priority we are offered in obtaining services and concessions in prices,which has helped us improve our efficiency and reduce our operating costs. |