Splash247 reports that Sierra Leone has inaugurated Sierra Leone Ocean Shipping Company, a venture backed by Zhejiang Xiehai Group. The reported ownership is 70% for the Chinese group and 30% for the state-owned Sierra Leone National Shipping Agency.

The company intends to assemble a 50-vessel fleet, beginning with a planned first phase of 30 vessels, according to the report. Those figures describe expansion targets; they do not establish that the ships have already been acquired or entered service.

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Source: Splash247 · original report