In addition to bank resistance, Sinochem International Logistics officials say joint venture partners are unhappy.
That includes the Lianyungang Port Authority, its partner in a large new chemical products terminal; Japan’s Dorval Kaiun, which owns 49% of Dorval SC Tankers; and Norway’s Stolt-Nielsen, whose long-standing domestic shipping venture with Sinochem comes up for renewal in 2020.
