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Hainan Sinochem Vessel Company and Saike Petrochemicals Sign Agreement on Logistics Services

Date:2004-11-17 Source:Sinochem Group
On November 3, Hainan Sinochem Vessel Co., Ltd. and Shanghai Saike Petrochemicals Co., Ltd. formally signed the 2005 Saike-Sinochem Vessel Chartered Contract and the regular chartered contract on Sinochem 11 vessel.

The signing of the contract makes Hainan Sinochem Vessel Co., Ltd. the largest logistics service provider of Shanghai Saike Petrochemicals Co., Ltd. In 2005 Hainan Sinochem Vessel Co., Ltd. will ship about 80% of the total transportation volume of Shanghai Saike Petrochemicals Co., Ltd.