FTZ attracts 1st ship management firms
Print Edition
THE Shanghai pilot free trade zone has attracted its first three ship management companies, achieving early success in one of its main goals of boosting shipping business in the port city.
As the FTZ approaches the end of its first year of operation, three wholly foreign-funded ship management companies have docked in the zone, said FTZ authorities yesterday. The three include a consulting company that is part of Danish international shipping giant Maersk.
Another six ship management companies from Germany, Singapore and Hong Kong have applied to establish in the zone and their businesses are currently being registered, according to the shipping management office of Shanghai Pudong New Area, where the FTZ is located.
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