GRAND FORTUNE SHIPPING LTD , founded in June 2010 year
As shipowber/ operation/agent/forwarding with exclusive accounts(mainly trading house in china )- BAOSHAN STEEL, COSCO DOCKYARD, CHINA EXPRESS, WUXI ENGINE, ANSHAN STEEL, business owing to active management and great efforts since established.
GFS acted as charterer, ship operator, general agent, forwarder and trading, which is mainly involved in steel coil, plate, angle, h-beam, heavy project cargo, plant cargo, to VIETNAM, CAMBODIA, S’PORE, INDONESIA, PHILLIPINES and TAILAND and coal, petcoke, copra meals, timber, rice in bag, tapioca chip& in bag fm VIETNAM, E.MALAYSIA, PHILLIPINES and etc to S.KOREA and N.CHINA. GFS has accomplished remarkable growth and made a reputation from local land & overseas owners/charterers.
Today, GFS is building on its provision of tailored services in physical chartering and vessel operations by focusing on the following three areas:
1. We are in charge of the vessel chartering for our own cargos (mainly Iron Ore Sand and Iron Sheet) from Cilacap，Cigarding，Surabaya in Indonesia to China. Our shipper co-owns the mines in Indonesia with the local government. The joint investment allows the Chinese shipper to be in charge of all the freight chartering and cargo sales. The current mining capacity is around 40 – 50 millions in total, producing a minimum of 80,000 mt and an average of 100,000 mt per month. Meanwhile, we are developing other mining areas with potential reserves much bigger than the current amount. The facilities are currently under construction and are scheduled to be ready during Q1 2011. The mine service life is about 10 years.
2. We are in charge of the vessel chartering for our own agriculture cargos (mainly tapioca chips) from Indonesia, Thailand and Vietnam to North China. The cargo is supplied by our long term counterparties and the shipments will reach around 30,000 per month from 2011.
3. We are having a 5,000 DWT handysize vessel under our own operation. We will also have two 7000 DWT twin decks vessel joining our fleet in the near future.