On December 7, CHN Energy announced the establishment of CHN Energy Shipping Development Company.
CHN Energy Shipping Development has a registered capital of 1 billion yuan and its registered place is Haidian District, Beijing.
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China Energy Shipping and its affiliated enterprises are under the unified management of CHN Energy Shipping Development.
China Energy Shipping was established in May 2010 as a joint venture between CHN Energy and COSCO Shipping Group.
Source: Xinde Marine News Sarah Yu
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