Shanghai Junzheng Logistics, or Gentco Logistics, will be keeping the "SC" on the hull of its chemical carriers, but the prefix will no longer stand for Sinochem.

With the formal completion of the $2bn takeover of former Sinochem International Logistics, there could be more of those hulls soon.

Coal and chemical refining billionaire Du Jiangtao visited Shanghai this week for his new company's opening ceremony at the InterContinental Shanghai Expo Hotel.