Sinotrans Limited

Last updated
Sinotrans
中国外运股份有限公司
Type State-owned enterprise
SEHK:  598
Industry Shipping and Logistics
Founded2002
Headquarters
Beijing
,
People's Republic of China
Area served
 People's Republic of China
Key people
 Chairman: Mr. Wang Hong [1]
Revenue72.567 billion renminbi (2015) [2]
Number of employees
23,971 [3]
Parent China Merchants Group through Sinotrans&CSC Group
Website www.sinotrans.com

Sinotrans Limited (commonly referred to as Sinotrans) is one of the largest logistics companies in China. [4] The business areas of the company include storage and terminal services and trucking and marine transportation. [5]

Contents

Operations

Sinotrans operates railway freight connections from four centers in China. The operation centers are in Guangzhou, Shenzhen and Dongguan in Guangdong, and in Changsha, Hunan. [6] The international railway freight network is an implementation of the Belt and Road Initiative. Among the China-Europe express freight train routes is a link between Shenzhen and Duisburg, which travels through Kazakhstan, Russia, Belarus, and Poland. [7] In Southeast Asia, Sinotrans established a service between Shenzhen and Vientiane in December 2021 after the opening of the Boten–Vientiane railway with the newly opened segment also forming a continuous railway route between Singapore and Portugal. [8] [9]

History

The company was incorporated in 2002 and listed on the Hong Kong Stock Exchange in 2003 as a vehicle for the core business, assets and staff of the state-owned China National Foreign Trade Transportation (Group) Corporation. In 2009 the company was reorganised together with the China Changjiang National Shipping (Group) Corporation (CSC) to form Sinotrans&CSC Holdings. [10]

A strategic merger of this new company together with China Merchants Group received approval from the State Council of the People's Republic of China in December 2015, and by April 2017 Sinotrans Limited (and its former subsidiary Sinotrans Shipping) had become direct subsidiaries of China Merchants Group. [11]

See also

Related Research Articles

<span class="mw-page-title-main">American President Lines</span> Logistics and Shipping Company

APL, formerly called American President Lines Ltd., is an American container shipping company that is a subsidiary of French shipping company CMA CGM. It operates an all-container ship fleet, including nine U.S. flagged container vessels.

<span class="mw-page-title-main">Hyundai Glovis</span> South Korean shipping company

Hyundai Glovis Co., Ltd. is a logistics company headquartered in Seoul, South Korea and part of the Hyundai Kia Automotive Group. Its predecessor company, Hankook Logitech Co. Ltd was formed in February 2001. Hyundai Glovis supplies ocean transportation logistics advice, cargo space, loading/unloading, and packaging services. It changed its name to Hyundai Glovis in June 2003.

<span class="mw-page-title-main">COSCO</span> Chinese shipping and logistics services supplier

China Ocean Shipping Company, Limited, formerly China Ocean Shipping (Group) Company, commonly known for its abbreviated name COSCO Group, or simply, COSCO, is a former Chinese Government owned shipping and logistics services supplier company. It is one of the major holding company for China COSCO Shipping. China COSCO Shipping itself is formed by a merger of COSCO Group and China Shipping Group as one conglomerate, by a creation of a new common parent company of the two groups.

<span class="mw-page-title-main">Lithuanian Railways</span> State-owned railway company of Lithuania

Lithuanian Railways, abbreviated LTG, is the national state-owned railway company of Lithuania. It operates most of the railway network in the country.

<span class="mw-page-title-main">COSCO Shipping Development</span> Chinese financing and logistics firm

COSCO Shipping Development Co., Ltd., stylized as COSCO SHIPPING Development is a financial services company based in Shanghai, China.

The Rhenus Group is a German logistics company with operations in Europe, Asia and North and South America. It is a subsidiary of the Rethmann Group.

<span class="mw-page-title-main">Rail freight transport</span> Train that carries cargo

Rail freight transport is the use of railroads and trains to transport cargo as opposed to human passengers.

Sinotrans Shipping Ltd. is one of the largest shipping companies in China and a listed subsidiary of China Merchants Group headquartered in Hong Kong. It is engaged in vessel time and voyage chartering through its Dry Bulk Shipping and Container Shipping segments, alongside freight and container forwarding and container line services. The firm also provides shipping agency and fleet management services and ships liquefied natural gas, among other activities.

China Merchants Group Limited is an international state-owned enterprise (SOE) of the People's Republic of China. The company is operating under the auspices of the Chinese Ministry of Transport.

<span class="mw-page-title-main">China International Marine Containers</span>

China International Marine Containers (Group) Co., Ltd is a Chinese company principally engaged in the manufacture and sale of transportation equipment, such as containers, road transport vehicles and airport ground-handling equipment.

<span class="mw-page-title-main">China Shipping Group</span> Shanghai-based maritime logistics firm

China Shipping Group Company, Limited, formerly China Shipping (Group) Company, is a former Chinese state-owned shipping conglomerate. It is now one of the intermediate holding companies for another Chinese state-owned conglomerate, China COSCO Shipping, which was formed by a merger of China Ocean Shipping Company (COSCO) and China Shipping Group by the creation of a new parent company for the two conglomerates.

<span class="mw-page-title-main">RAIL4CHEM</span>

RAIL4CHEM was a German rail freight transport company, and the parent company of a number of European subsidiary rail freight transport companies including rail4chem Benelux B.V. (Rotterdam), the rail4chem transalpin AG (Basel) and Fer Polska S.A. (Warsaw).

<span class="mw-page-title-main">Trans-Eurasia Logistics</span> Freight train service from China

Trans-Eurasia Logistics, AKA CHINA RAILWAY Express, is a joint venture between German rail company Deutsche Bahn and Russian RZhD, China Railway Corporation from China operating container freight trains between Germany and China via Russia. The first such train arrived in Hamburg from Xiangtan on 6 October 2008, taking 17 days to make the trip. Intermodal companies Polzug, Kombiverkehr, and TransContainer are also involved in the project. Since end of 2020, Up to 60 trains per week run between Shenzhen and Duisburg .

Chongqing–Xinjiang–Europe railway, abbreviated as Yu–Xin–Ou railway, is a freight rail route linking Chongqing in Southwestern China, with Duisburg, Germany. The name 渝新欧 is an acronym, consisting of Yu, Xin, Ou.

<span class="mw-page-title-main">Sinotrans Changhang Group</span>

Sinotrans Changhang, or Sinotrans&CSC Holdings, is the largest logistics company of the People's Republic of China, with further interests in shipping and shipbuilding. The group is state-owned and was formed in March 2009 by the reorganisation of two other state-owned enterprises, the China National Foreign Trade Transportation (Group) Corporation (Sinotrans) and the China Changjiang National Shipping (Group) Corporation (CSC).

<span class="mw-page-title-main">Transport in Shenzhen</span> Overview of the transport in Shenzhen

Shenzhen has an extensive transport network, including various forms of land, water and air transport.

<span class="mw-page-title-main">COSCO Shipping</span> Chinese shipping and logistics services supplier

China COSCO Shipping Corporation Limited, abbreviated as COSCO Shipping, is a Chinese state-owned multinational conglomerate headquartered in Shanghai. The group is focused on marine transportation services. COSCO Shipping was established in January 2016 by the merger of COSCO Group and China Shipping Group.

China Changjiang National Shipping (Group) Corporation is China's largest inland shipping company, with operations along the length of the Yangtze river. Its predecessors can be traced back to 1872, but the company in its present form dates back to 1950 when the Yangtze River Shipping Corporation was formed by the nationalisation of assets. This formed a core part of the China Yangtze River Shipping Group when created in 1992, ultimately gaining its present name in 1996.

<span class="mw-page-title-main">COSCO Shipping Lines</span> Chinese container shipping company

COSCO SHIPPING Lines Co., Ltd. is a Chinese international container transportation and shipping company. It is a subsidiary of COSCO Shipping Holdings, and its parent company is China's state-owned COSCO Shipping.

References

  1. ↑ "Board of Directors" . Retrieved 2018-12-06.
  2. ↑ "Financial Summary" . Retrieved 2018-12-06.
  3. ↑ "Company Profile" . Retrieved 2018-12-06.
  4. ↑ "Sinotrans Ltd". Reuters . Retrieved 14 March 2013.
  5. ↑ "Company Profile for Sinotrans Ltd". Bloomberg. Retrieved 25 March 2013.
  6. ↑ "Sinotrans's four China-Europe freight trains head for European destinations". New Silkroad Discovery.
  7. ↑ "Chinese partners launch new China – Laos rail service". Container News. December 28, 2021.
  8. ↑ "You can now travel all the way from Portugal to Singapore by train". The Independent. December 14, 2021.
  9. ↑ "About Us". Company Profile. Retrieved 2018-12-06.
  10. ↑ Lee, Hong Liang (2017-04-11). "China Merchants, Sinotrans & CSC complete strategic reorganisation". Seatrade Maritime News. Retrieved 2018-12-06.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.