Summary

Revenue : 000,000 M USD
Finance : 000,000 M USD
Earning Cap : 000,000 M USD
Invest : 000,000 M USD
R & D : 0000 People
Growth : 00% AGR

DIGDAL CAP

Overview

General Introduction China Merchants Energy Transportation Co., Ltd. was founded in 1872, laying the foundation for the modern ethnic shipping industry in China. The shipping business sector of China Merchants Group belongs to the transportation sector of China Merchants Group's three core sectors of transportation, finance, and real estate. It has always taken ensuring national energy transportation security and promoting the development of China's shipping industry as its own responsibility. As of the end of December 2020, the total shipping capacity of China Merchants Group's shipping business sector was 347 ships (including orders), totaling 45.53 million deadweight tons, ranking second among global non-financial shipowners. Adhering to the century old foundation of China Merchants Shipping, China Merchants Energy Transport Co., Ltd. (referred to as "China Merchants Shipping") was established in 2004 and listed on the A-share market (stock code: 601872) in 2006. Its stock code was cast with the founding year of China Merchants Shipping in 1872, symbolizing a new starting point for inheriting the century old shipping industry. China Merchants Shipping is a shipping enterprise under China Merchants Group that specializes in ocean transportation. The company operates and manages the oldest and most experienced offshore oil tanker fleet in China. It is a leading super tanker fleet operator in the Greater China region and a major participant in domestic liquefied natural gas transportation projects. It has the world's largest super tanker (VLCC) and Very Large Ore Carrier (VLOC) fleets, The leading liquefied natural gas (LNG) and ro/ro fleet in China. After years of development, China Merchants Shipping has formed a comprehensive business pattern of "oil and gas rolling and gathering pipeline network". Its main business covers oil transportation, dry bulk transportation, gas transportation, rolling and container transportation, and has unique advantages in crew management and overseas network services. China Merchants Shipping Company, with the vision of being a global outstanding shipping practitioner and the cultural concept of "trust and navigation across the four seas and five continents", promises to customers and the market: to trust and sail for every time! By strictly implementing safety management, actively building a distinctive fleet, fully leveraging the functions of the capital market, innovating research and practicing intelligent shipping, China Merchants Shipping is committed to using investment wisdom to shape shipping trust, and making unremitting efforts to build a world-class shipping enterprise with core competitiveness.
Headquarter Shanghai
Establish Date 12/31/2004
Listed Code 601872.SH
Listed Date 12/1/2006
Chairman Feng Boming.
CEO Wang Yongxin.
Website www.cmenergyshipping.com

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