Hainan Strait Shipping sets up new yacht venture
Hainan-based shipping company, Hainan Strait Shipping (HNSS), has officially registered a new arm, which will be focused on the yacht business.
The new yacht company plans to invest RMB81.14m to build yacht berths and infrastructure facilities for a yacht club. The estimated construction period is three years. The new venture will provide yacht-related services plus training classes for the cruise personnel.
HNSS said that the diversification was essential to drive profit growth.
SOURCE: sinoshipnews.com
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