SALES businesses

The Group’s sales business mainly engaged in the supply of fuel to the inbound vessels, sales of supplies and other materials.

Supply of fuel is managed by CHIMBUSCO Marine Bunker (Tianjin) Co., Ltd., a joint venture owned by Tianjin Port Holdings Limited (a 56.81% subsidiary of the Company) and China Marine Bunker (PetroChina) Co., Ltd. as to 53% and 47%. The company is engaged in the supply of bunker oil and fresh water to vessels, as well as the transportation and storage of oil products.