Skaarup Shanghai Joint Venture Takes Off

July 1, 2005

On July 1, 2005, Skaarup Fortune Shipping Ltd starts up its operation in Shanghai, China. It is a new joint venture launched by Skaarup Shipping International Corporation, Fortune Ocean Shipping and Welton Hazz Maritime Ltd

This joint venture will focus on ship operations and chartering, with working capital of $3 million US. It employs top-tier maritime professionals to provide the best possible quality services for clients and investors alike. The senior management of the joint venture consists of Xingtao Sun, Thomas Bene, Thomas Yu, and Harry Xia. The key top professionals at the company include Jonathan Zhu, Jimmy Che, Eric Fu and others.

Welcome you to contact the office for its service,

Email: chartering@skaarupfortune.com, Phone: 86 21 6888 3880, Fax: 86 21 6888 7818

Address: 906 Zhongrong Plaza, 1088 Pudong Rd. Pudong, Shanghai, China, 200120

The Skaarup Group, headquartered in Greenwich, CT, has provided competitive bulk transportation services to industries worldwide for more than 50 years. Characterized by the legendary designs by Mr. Skaarup of the first modern bulk carrier and the ocean-going self-unloader, the strength of The Skaarup Group lies in its ability to create innovative and economic solutions to ever-changing transportation requirements.