Ranking of shipping companies, ranking of China's

2020-05-28

VIPUTRANS

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China has more than 1,800 dry bulk carriers with a total value of 25.7 billion US dollars, making it the third largest shipowner in the world. Recently, VesselsValue, a world-renowned online ship valuation agency, ranked China's top 5 bulk ship owners based on fleet asset value.

According to statistics, China Merchants Shipping ranked first with US $ 5.724 billion, COSCO Bulk ranked second with US $ 1.226 billion, and the asset value of the fleet of VLOC Maritime Holdings Limited (“VMH”), a wholly-owned Marshall Islands-owned subsidiary controlled by ICBC Leasing. It ranked third with US $ 780 million, Shandong Shipping with 716 million ranked fourth, and Sinotrans Shipping with US $ 674 million ranked fifth.

VesselsValue said that COSCO SHIPPING's bulk carrier shipping occupies a dominant position in China's bulk carrier industry and is the most valuable ship owner of bulk carriers in the world.

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