SINOCHEM INTERNATIONAL CORPORATION

Shipping Business Department

Sinochem Shipping Co., Ltd.(Hainan) is a subsidiary of Sinochem International Corporation. Founded in 1994, it is now the largest business for liquid chemical shipping at home. It mainly deals in far-and near-sea international navigation routes and liquid chemical transport and ship management along the coastline of China. It has rich experience in ship operation and management for liquid chemicals and boasts a professional management team. Currently the company has 19 DWT 1000-14000 IMO II and III professional liquid chemical ships, with a total shipping capacity of over 100000 DWT; and another 12 ships are still under construction. During its long years of business, it has built a close cooperative relationship with big petrochemical corporations at home and abroad; it has undertaken the transport of various kinds of finished oil products, liquid chemicals, acids, animal and plant oil, edible oil and other special products, with its navigation routes covering Europe, America, Middle East and the Indian Ocean.

Based on the Stoltchem Ship Management (Shanghai) Ltd. jointly founded with Shanghai Sinochem-Stolt Shipping Ltd., Sinochem Shipping Co., Ltd.(Hainan) has established a "safety management system mechanism" which can meet the international standards and can be constantly improved. It has obtained the Safety Management Certificate (SMC) and is capable of the operation and management of oil tankers, bulk cargo ships, chemical ships and liquefied gas carriers of various tones. It has also been awarded the International Ship Safety Management Certificate in China and Panama, and the recognition of DNV ISO 9001--2000 quality management system. Its ship management has won the recognition of the International Safety Management Code (ISMC), big petroleum companies like SHELL and BP, and Europe Chemical Distribution Institution (CDI).

Sep 2005 saw the official establishment of Shanghai Sinochem-Stolt Shipping Ltd., jointly invested by Sinochem Shipping Co., Ltd.(Hainan) and Stolt Shipping Group. As one of the five shipping joint ventures approved by the Ministry of Communications for chemical distribution and transport (CDT) between ports inside China, Sinochem-Stolt, with its top-notch service, has become the logistic partner with internationally renowned petrochemical enterprises, such as Secco Shanghai, BASF Shanghai, Shell Petrochemicals Huizhou and Yangtse-BASF Nanjing.

We will be continuously devoted to improving our service quality, providing high-level services for customers through our strict safety management system, and growing into an important benchmark-setter of the industry.

Address: 26/F., Jinmao Tower,No.88 Century Boulevard,Pudong New Area,Shanghai 200121,P.R.China

Email: yangli@sinochem.com