Sino-foreign Ventures Lack Commitment

摘要

Although the number of Chinese companies dedicated solely to ship management is growing steadily, nothing seems able to solve the manning shortage.rnChina's leading operators have set up subsidiaries or joint ventures specifically for this. Sinotrans Shipping manages most of its fleet itself, as do its competitors. China Shipping set up China Shipping International Ship Management with offices in Beijing, Dalian, Guangzhou and Shanghai. CSISM manages more than 500 vessels and 21,000 people.rnTo try out foreign waters, the Shanghai subsidiary followed the example of China Ocean Shipping Co (Cosco) and has joined forces with V. Ships Ship Management.