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China Merchants RORo company (002)

China Merchants ro-ro company debuts in Guangzhou

China Merchants RoRo Transportation Company (Guangzhou), a joint venture between China Merchants Energy Shipping and GAC Business, has been launched in Nansha free trade zone, Guangzhou.

Chen Hongxian, director of Guangzhou Port said, that Guangzhou is encouraging China Merchants’ development to be a leading vehicle transportation industry player in Guangzhou, which will further support Guangzhou and South China region’s development as a ro-ro transportation hub.

“The company aims to be a top finished vehicle logistics service provider and expects to explore more cooperation opportunities with GAC,” said Xie Chunlin, chairman of China Merchants Energy Shipping.

“GAC  expects to improve its shipping service via the cooperation with China Merchants to increase the operation efficiency and reduce cost for automobile transportation,” said Xia Xianqing, general manager of GAC Business.

China Merchants RoRo Transportation Company (Guangzhou), registered in September this year, is jointly established by China Merchants Energy Shipping and GAC Business, holding a 70% and 30% share equity of the jv respectively.

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