On Dec 28, Bohai Shipping（Hebei） CO,.Ltd. was inaugurated in Shijiazhuang. Bohai Shipping（Hebei） is located in Caofeidian of China (Hebei) Pilot Free Trade Zone. It is jointly funded by Hebei Transportation Investment Group, HBIS Group, Hebei Port Group and Hebei Construction & Investment Group with registered capital of 900 million yuan.

Bohai Shipping（Hebei） is positioned as an investor, developer and operator of shipping and related industries. Its main business is supply chain logistics, marine transportation, bulk cargo trade and Marine industry service. In the future, it will take ocean transportation as the core business and international supply chain logistics services, shipping services and shipping finance as enabling and value-added industries.

It will explore investment, development and management in ship repairing, overseas mining, equipment manufacturing, harbor industry, port collection and distribution facilities, and gradually develop into a comprehensive service provider of maritime logistics supply chain with international competitiveness.

The opinions expressed herein are the author's and not necessarily those of The Xinde Marine News.