China Merchants Energy Shipping
Encyclopedia
China Merchants Energy Shipping Company Limited , parented
by China Merchants Group, is engaged in shipping
industry, including tanker
transportation, bulk cargo
vessel transportation. Other businesses include training
for sailors
and sales of electronic
ship
machinery. It is headquartered in Shanghai
, China
.
Its A shares were listed on the Shanghai Stock Exchange
in 2006.
In September 2010, China Merchants announced that it planned to double the capacity of its dry bulk fleet by early 2012.
Parent company
A parent company is a company that owns enough voting stock in another firm to control management and operations by influencing or electing its board of directors; the second company being deemed as a subsidiary of the parent company...
by China Merchants Group, is engaged in shipping
Shipping
Shipping has multiple meanings. It can be a physical process of transporting commodities and merchandise goods and cargo, by land, air, and sea. It also can describe the movement of objects by ship.Land or "ground" shipping can be by train or by truck...
industry, including tanker
Tanker (ship)
A tanker is a ship designed to transport liquids in bulk. Major types of tankship include the oil tanker, the chemical tanker, and the liquefied natural gas carrier.-Background:...
transportation, bulk cargo
Bulk cargo
Bulk cargo is commodity cargo that is transported unpackaged in large quantities. This cargo is usually dropped or poured, with a spout or shovel bucket, as a liquid or as a mass of relatively small solids , into a bulk carrier ship's hold, railroad car, or tanker truck/trailer/semi-trailer body...
vessel transportation. Other businesses include training
Training
The term training refers to the acquisition of knowledge, skills, and competencies as a result of the teaching of vocational or practical skills and knowledge that relate to specific useful competencies. It forms the core of apprenticeships and provides the backbone of content at institutes of...
for sailors
Sailors
Sailors is the plural form of Sailor, or mariner.Sailors may also refer to:*Sailors , a 1964 Swedish film*Ken Sailors , American basketball playerSports teams*Erie Sailors, baseball teams in Pennsylvania, USA...
and sales of electronic
Electronics
Electronics is the branch of science, engineering and technology that deals with electrical circuits involving active electrical components such as vacuum tubes, transistors, diodes and integrated circuits, and associated passive interconnection technologies...
ship
Ship
Since the end of the age of sail a ship has been any large buoyant marine vessel. Ships are generally distinguished from boats based on size and cargo or passenger capacity. Ships are used on lakes, seas, and rivers for a variety of activities, such as the transport of people or goods, fishing,...
machinery. It is headquartered in Shanghai
Shanghai
Shanghai is the largest city by population in China and the largest city proper in the world. It is one of the four province-level municipalities in the People's Republic of China, with a total population of over 23 million as of 2010...
, China
China
Chinese civilization may refer to:* China for more general discussion of the country.* Chinese culture* Greater China, the transnational community of ethnic Chinese.* History of China* Sinosphere, the area historically affected by Chinese culture...
.
Its A shares were listed on the Shanghai Stock Exchange
Shanghai Stock Exchange
The Shanghai Stock Exchange , abbreviated as 上证所/上證所 or 上交所, is a stock exchange that is based in the city of Shanghai, China. It is one of the two stock exchanges operating independently in the People's Republic of China, the other is the Shenzhen Stock Exchange...
in 2006.
In September 2010, China Merchants announced that it planned to double the capacity of its dry bulk fleet by early 2012.