Movers & shippers

Mingde Group's chemical tanker. [Provided to China Daily]

Sjoblom and his multinational team are responsible for overseeing a new deal signed in 2011 for two chemical tankers being built by Mingde.

Mingde plans to work closely with shipowners such as Germany's Schulte Group, Danmark's A.P. Moller-Maersk Group, Norway's Wilh.Wilhelmsen Group as well as P. D. Gram & Co AS.

The company also secured an order for one chemical tanker for the US and two self-unloading bulk carriers for Canadian shipowners in 2011.

Ji says selling these type of vessels to new buyers can make up for declines in other markets such as Italy, Spain and Greece.