A. General introduction
II. Major subsidiaries and joint ventures
  1. Shipping industry
 
DALIAN OCEAN SHIPPING COMPANY
Nature of company:
Investment proportion:
Staff:
Core business revenue:
Total assets:
state-owned enterprise
100%
2739employees
?968 million yuan
5.77 billion yuan
1.Core businesses:
The company stresses the development of specialized fleet for liquid bulk cargo transportation and attaches importance to the tanker fleet.

2.Capacity of products and services:
The company owns 33 vessels, including seven liquefied gas carriers tankers, three chemical tankers, and 23 oil tankers and, with the routes reaching worldwide.

To ensure crewmembers’ life safety and ship and possession safety, and prevent the maritime environment from pollution, the company has become one of first Chinese shipping companies to gain the Documents of Compliance. It has been strictly abiding by coercive rules and regulations at home and abroad about the safety of shipping. The company actively adopts the adaptive rules, guidelines and standards suggested by International Maritime Organization, administrative sectors, ship classification societies and maritime shipping organizations. Over 2,400 crewmembers comply with the requirements of STCW Convention, hold various certificates and are adaptive for tasks on various ships.

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COSCO Group, October 2006