BEIJING (AFX-ASIA) – China’s shipping companies, such as China Shipping Development Co Ltd (SHA 600026; HK 1138), will benefit from the country’s surging crude oil imports in the coming years, though capacity will be a constraint for undertaking large shipment orders, analysts said. They said China’s increasing crude oil imports are an unprecedented opportunity for…
CHINA: Shipping companies to benefit from oil imports; capacity a constraint
Posted on March 25, 2004 by EnergyAsia