Sino-Global Shipping America establishes new subsidiary in Canada
Sino-Global Shipping America, Ltd., a provider of shipping agency services, has established a new wholly-owned subsidiary, Sino-Global Shipping Canada Inc.
- (1888PressRelease) December 31, 2012 - The new subsidiary will provide services for ships loading commodities at Canadian ports and delivering them to China. Sino-Global Shipping Canada is already providing shipping services to Baosteel's vessels in Canada.
Cao Lei, Sino-Global's CEO, stated, "As we have noted in the past, Sino- Global Shipping America Ltd. has always sought to expand its geographical reach by developing relationships and activities worldwide. The new wholly-owned Canadian subsidiary is another step in establishing Sino-Global as the pre-eminent provider of shipping services worldwide.
"Canada is a country rich in natural resources and is a major shipper of such commodities throughout the world. We anticipate that Sino-Global Shipping Canada will open up additional Canadian business opportunities that will result in incremental revenues and earnings."
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