China Merchants Energy Shipping Company Limited (SSE: 601872), parented by China Merchants Group, is engaged in shipping industry, including tanker transportation, bulk cargo vessel transportation.
Other businesses include training for sailors and sales of electronic ship machinery.
[1][2] They are the parent company for China VLOC Company Limited, a wholly owned subsidiary that manages four VLOCs they had previously acquired from Vale.
[3] Its A shares were listed on the Shanghai Stock Exchange in 2006.
[4] In September 2010, China Merchants announced that it planned to double the capacity of its dry bulk fleet by early 2012.