The head group company is Hebei Transportation Investment Group (hereafter referred to as “HTIG”) which is located in Hebei province China.
In December 2022, According to the group’s shipping development project, Hebei Communications Investment Group and Hebei Port Group, Hebei Construction Group, Hebei Iron and Steel Group jointly funded the establishment of Bohai Ocean (Hebei) Transportation Co., LTD., in which the HTIG accounted for 70% of the shares, and the other three groups accounted for 30%. The registered capital is 900 million CNY.
In Aug 2023 order to better develop the dry bulk ship fleet, better go to the international market, and better serve customers, the Group and other shareholders decided to establish Bohai Ocean (Singapore) Holding Co., LTD., funded by Bohai Ocean (Hebei) Transportation Co., LTD., to establish a Singapore company and operate independently, focusing on the development of the dry bulk ship fleet. Build a green, competitive dry bulk ship fleet.
The head group company is Hebei Transportation Investment Group (hereafter referred to as “HTIG”) which is located in Hebei province China.
In December 2022, According to the group’s shipping development project, Hebei Communications Investment Group and Hebei Port Group, Hebei Construction Group, Hebei Iron and Steel Group jointly funded the establishment of Bohai Ocean (Hebei) Transportation Co., LTD., in which the HTIG accounted for 70% of the shares, and the other three groups accounted for 30%. The registered capital is 900 million CNY.
In Aug 2023 order to better develop the dry bulk ship fleet, better go to the international market, and better serve customers, the Group and other shareholders decided to establish Bohai Ocean (Singapore) Holding Co., LTD., funded by Bohai Ocean (Hebei) Transportation Co., LTD., to establish a Singapore company and operate independently, focusing on the development of the dry bulk ship fleet. Build a green, competitive dry bulk ship fleet.
In Mar 2024 the Singapore company launched the election of the new board of directors, the chairman of Hebei Company is also the chairman of the Singapore company, and began to set up a market-oriented professional team. The board of directors unanimously agreed to give strong support to the Singapore company, make full use of the advantages of Singapore, and expand the business of the Singapore company. The China and Singapore teams complement each other anddevelop in a balanced way.
Bohai Shipping Singapore was started to develop its own dry bulk fleet from year 2023, bbc 3 kmx from everbright bank investment China will delivery year 2025, and using the subsidiary acct of jijiao ports to chartered in several different size vsls like 6 capsize vessels and 6 Panamax vessels, for period between 12-14months and 21–26 months in the past two years. Bohai Singapore Company hopes that through its own advantages and efforts, it is willing to become business friends with shippers, traders, shipowners, charters, banks, brokers, associations and other organizations in the industry, so as to make common progress and achieve win-win results through good cooperation.
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