The vessels comprise four 2012-built 1,100-teu containerships and two 2002-built 22,000-dwt multi-product carriers.

Sinotrans Shipping is also acquiring a 49% Sinotrans Container Lines which isresponsible for the container shipping operations of the parent.

The company, which operates under the trade name Sinolines, operates 27 containerships – 11 owned and 15 chartered – with a combined fleet capacity of 20k teu and which primarily operates within Intra-Asia.

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