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This Company, the Shenzhen Shekou Far-reaching Shipping& Enterprise Co., Ltd (hereinafter referred to "FARSECO"). Approved by The Ministry of Communications of P.R.China and the Shenzhen Municipal People's Government to be a slate owned enterprise, has been officially put into operation since Dec.28th. 1989.The sole aim of the Company is, by taking advantage of the preferential policies in the special zone, to devote itself actively to develop the shipping business in Shenzhen areas and to keep in step with the steady expansion of China's foreign trade. Promote international contacts and make contributions to the prosperity of the economy of out country.FARSECO mainly operates sea transportation, cargo booking, cargo transshipment and combined transportation, container service, storage, customs clearance, shipping consultant, freight, for-warding, ship's stores and spare and spare-parts supplying, etc.The Board of Directors is a supreme power organ of the Company. In practice the general manager. Under the leadership of the Board, acts in full charge.At present , FARSECO has put two vessels, one bulk-carrier of 28000 DWT and the other general cargo vessel of 15000 DWT, trading China coast, Far-East and /or areas. And in the forthcoming FARSECO is to own and operate a sizable fleet of both near and far ocean going vessels.Adhering to the principle of rendering its safe, excellent, efficient and convenient service. FARSECO will enjoy good reputation and take service to clients always as foremost task. ... mainly operates sea transportation, cargo booking, cargo transshipment and combined transportation, container service, storage, customs clearance, Shenzhen Shekou Far-reaching Shipping & Enterprise Co. Ltd. (hereinafter referred to "FARSECO")