On the morning of November 12, 2019, the opening ceremony of China Merchants RoRo Transportation Company (Guangzhou) was held in Nansha free trade zone, Guangzhou.
Xie Chunlin, chairman of China Merchants Energy Shipping, reviewed the cooperation history between China Merchants Energy Shipping, GAC Group and GAC Business. At the same time, it is hoped that the shareholders and the two parties will work together to build the China Merchants RoRo Transportation as a model for strong cooperation between large state-owned enterprises.
China Merchants RoRo Transportation Company (Guangzhou) was registered in Nansha,Guangzhou on September 20, 2019. It was jointly invested by China Merchants Energy Shipping and GAC Business, holding a 70% and 30% share equity of the jv respectively.
The establishment of China Merchants RoRo Transportation is an important achievement of the sincere cooperation between China Merchants Energy Shipping and GAC Business. At the same time, as a major historical event in the ro-ro transportation industry and even the vehicle logistics industry, it will have a far-reaching impact on the industry.
Source:Sarah Yu,XINDE MARINE NEWS
The opinions expressed herein are the author's and not necessarily those of The Xinde Marine News.
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