Express, Mail, Logistics, Rail Gtr. China

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Logistics firm, Tangshan Iron & Steel ink transport deal

2010-09-10 11:47:00

BEIJING, Sep 10 (GCTL) - Grand China Logistics (Group) Holding Co. Ltd, a unit of HNA Group, has signed an agreement to buy marine steel products from Tangshan Iron & Steel Group Co as well as offer its partner road transport and dock services.

Under the deal, the two sides are also considering cooperating on the international transport of iron ore and jointly forming a fleet of ships, said Sun Che, general manager of Grand China Logistics' shipping arm.

"Besides transport, our company can also offer steel plates for ship building to Jinhai Heavy Industry, a shipbuilder controlled by Grand China Logistics," said Yu Yong, chairman of Tangshan Iron & Steel. "We can also set up a processing and distribution center near the shipbuilder."

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Category : Express, Mail, Logistics, Rail Gtr. China  

Tags : Grand China Logistics, Tangshan Iron & Steel Group Co,

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