Gentco Logistics Achieves Outstanding Results in 2022 Shipping Capacity Review for Carrying Dangerous Liquid Substances in Bulk

Securing additional capacity is a crucial factor for Gentco Logistics’ strategic expansion of its coastal business and a competitive arena for various chemical tanker shipping companies.To overcome the passive situation that the company had faced for many years and to demonstrate its management strength in the market, the company’s leadership team made the capacity review work a top priority and coordinated its business and ship management departments to actively implement various management indicators and devise targeted improvement measures. As a result, the company attained its best historical performance in the 2022 Comprehensive Review of Shipping Capacity Regulation for the Coastal Inter-Provincial Bulk Liquid Dangerous Goods Transport Market. Out of 83 chemical transport enterprises that qualified for the review, only 11 enterprises obtained new shipping capacity. Shanghai SC Shipping Ltd., a subsidiary of Gentco Logistics, ranked second with a score of 89.4 points, while Shanghai SC-Stolt Shipping Ltd., another subsidiary of Gentco Logistics, ranked fourth with a score of 82.2 points, both securing new shipping capacity qualifications.

Annex: Final Results of the 2022 Comprehensive Review of Shipping Capacity Regulation for the Coastal Inter-Provincial Bulk Liquid Dangerous Goods Transport Market (Chemical Tanker Capacity)