Capesize operating venture Shandong Shipping Asset Management Corp (SAMC) has started its long-planned fleet operations with a Peru-China voyage and plans for further acquisitions.
The three-way venture combines private Taiwanese company Eddie Steamship in the role of shipowner with two Chinese companies.
Chinese state-owned enterprise Shandong Shipping Corp serves as operator in the grouping.
The third player is Ocean Capital Shipping Corp, an investment vehicle with backing from Chinese bank-controlled leasing companies.
