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Inquire NowRead: 261 Time:32months ago Source:
On March 24, Xingtong shares, the leading enterprise of domestic hazardous chemicals shipping industry, landed on the main board of Shanghai. This is the second listed domestic trade chemical shipping company in the past year, and it is also the second listed company specializing in domestic trade dangerous chemical shipping in A shares.
Public data display, benefiting from the rapid development of petrochemical industry, the logistics and transportation market of hazardous chemicals in China has shown a steady growth trend, and the market scale is expected to increase to 2.85 trillion yuan by 2025.
In recent years, the private hazardous chemicals shipping company represented by xingtong shares has rapidly expanded its capacity by strength, and has cooperated with Sinopec, Fujian Petrochemical, CNOOC, Zhejiang Petrochemical, hengli Petrochemical and other large petrochemical enterprises have established cooperative relations.
Insiders told reporters, china's capacity control is still relatively strict. According to the data of the Ministry of Transport, from 2018 to 2021, the scale of capacity of China's provincial bulk liquid chemicals ships increased by 6.33%,-0.58%, 8.42%, respectively, 6%, so it is difficult to expand the total market capacity in the short term.
Chen Qilong, vice chairman and general manager of Xingtong shares, said, the transportation of hazardous chemicals has a higher threshold for the qualification of related enterprises. Large petrochemical enterprises will strictly screen transportation service providers and establish qualified supplier resource pool for the consideration of the safety and quality of cargo transportation. The inbound transportation service provider shall meet the qualification requirements, management system and assessment procedures related to supplier management.
With China's petrochemical industry upgrading with the integration of refining and chemical construction, the number of domestic large refineries of 10 million tons is increasing, and the oil refining capacity is rapidly improving, china's refining capacity increased from 12.32 million barrels per day in 2010 to 16.69 million barrels per day in 2020, during which the annual compound growth rate reached 3.08%, significantly higher than the global growth rate of 0.83%.
By the end of last year, there were 86 domestic trade chemical shipping companies, with an average of 3.3 ships and 18,700 deadweight tons per company. Insiders believe that although the whole industry is in the stage of rapid development, there has always been a relatively scattered problem in the domestic trade chemical shipping market. In addition, the hazardous chemicals business has a high threshold, and both operating enterprises and operating ships need to obtain the business license of liquid cargo and dangerous goods water transportation business in the corresponding area.
Analysts predict that in this case, in the short term, the total market capacity is expected to be difficult to expand significantly, which promotes the expected growth of ship freight rate, thus having a positive effect on the improvement of the operating efficiency and profit level of enterprises in the industry. .
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