Sinotrans Ship Management


Three (3) crewmen injured by fire on Sinotrans Ship Management 2010 built bulk carrier 93K DWT MV Great Aspirations near Lizard Point off the UK. Three (3) seafarers have experienced vital injuries and rescue helicopter picked up crewmen from MV Great Aspirations. An unknown explosion had happened on board of MV Great Aspirations. MV Great Aspirations has anchored at Falmouth for a damage assessment.


Chinese shipowner and operator Sinotrans Shipping appointed of Su Xingang as its new chairman. Su Xingang was a retired transportation minister in China. Previously, Su Xingang worked at various positions in the maritime sector. Su Xingang was a chairman of China LNG Shipping and VP of China Merchants Group. Diversified Chinese shipowner and operator Sinotrans Shipping has a fleet of 37 dry bulk carriers, 13 container ships, and 2 tankers. Chinese shipowner and operator Sinotrans Shipping replaced ex-chairman Li Zhen with Su Xingang.


Bulker and container shipowner and operator, Hong Kong-listed, Sinotrans Shipping secured around $4 million from selling sister company to its parent group Sinotrans & CSC. $4 million will be utilized for general working capital. Chinese Sinotrans & CSC controls 68% of Hong Kong-listed Sinotrans Shipping.