China COSCO Shipping and Ningbo Port have established a new supply chain company.

According to the Enterprise Check APP, recently, Ningbo Yuanhai Supply Chain Co., Ltd. has been established, with business scope including: supply chain management services; sea-based international freight transportation agency; air-based international freight transportation agency; land-based international freight transportation agency, etc. Equity penetration of Enterprise Check shows that the company is jointly held by China COSCO Shipping Corporation Limited, a wholly-owned subsidiary of China COSCO Shipping Corporation Limited, and Ningbo Port.