Jinhui Holdings Co. Ltd.

Jinhui, a Hong Kong-based company (listed on the Oslo stock exchange), is involved into three major business segments: shipping, trading and infrastructure development.

Shipping is the backbone of Jinhui, accounting for more than 50% of the company’s revenues. Jinhui’s shipping activities were established in 1987 and are concentrated on the ownership and operation of handy-size bulk carriers transporting commodities into and out of China and other countries in that region. Jinhui owns five vessels, while it operates a fleet of approximately 35 vessels. Jinhui believes that, by managing instead of owning the vessels, it avoids exposure to the fluctuations of the shipping markets while, through its short term time charters, it takes advantage of upward trends in freight rates. The recent explosion in Chinese imports has fueled the growth of Jinhui’s shipping and trading operations. Its local origin is a competitive advantage over foreign operators who rush to take advantage of the deregulation of the Chinese economy and position themselves into the fastest growing market in the world. Despite the increased competition, Jinhui is still better positioned in the Chinese market due to its better understanding of the specific needs of the local customers and its long term relationships with the local authorities and other local enterprises.

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