China Shipping Bulk Carrier, SDIC Electric Power tie up on coal shipping

China Shipping Bulk Carrier has signed an agreement with SDIC Electric Power to collaborate on coal shipping.

China Shipping Bulk Carrier, an arm of China Shipping Group, will transport coal produced from a number of power plants under SDIC Electric Power, a state-owned power group.

In a brief statement, the shipowner said the strategic agreement is expected to create long term growth and operational benefits for the two companies.
Source: Seatrade Global