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May 11, 2021

China Shipping Romania 100% owned by China Shipping

The acquisition of China Shipping (Romania) Agency (CSR) entirely by China Shipping is certainly the most important moment in the evolution of the company since it was established. With this occasion Mr. Luo Zhongming, Managing Director of CSR revealed part of the development plans for the next period considering the transaction recently completed.
How will influence this transaction the activity of the company you are managing?
I am confident that this full takeover will have positive effects and undoubtedly gives us the chance to strengthen our business activity, bringing CSR to a higher level.  China Shipping developed worldwide very rapidly and for sure the intention of our shareholder is to continue the same trend in Romania and extend in Eastern Europe countries.
More exactly what are the main development plans for CSR in the next period?
By improving the quality of our services, we target to increase the market share of our Carrier China Shipping Container Lines in Constanta South Port but also to enlarge our business lines by developing the logistic activity. Our future plans include considerable investments, among which I can mention the intention to build a logistic park in Constanta South Agigea area but also extending operating territory.
Though the competition in this field is very tough and our group is still young, we have the resources and strong motivation to continue our dynamic development. We became an important player in the international shipping industry.
I take the opportunity to thank to all our partners who offered us strong commitments, allowing us to exploit successfully a regular shipping service and even to upgrade and extend it.  At the same time, we truly appreciate the strong support offered along the years by China Embassy in Romania, Romanian government, Maritime Ports Administration Constanta, National Customs Authority, Romanian Immigration Office, all other Romanian Authorities and our honest clients as well. We hope to receive their great support in the future.

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