It is reported that Chinese container shipping company, Grand China Logistics Holding Co Ltd was approved by the National Development and Reform Commission to acquire parts of stakes from a Norwegian shipping company. According to the NDRC Grand China expects the share to be at least 50% and hopes to get involved into transporting special equipment, like drill platform after the purchasing.
The deputy manager of Grand China said ''Though approved by the NDRC, there is a lot more work to be done and other relevant details have to be agreed upon, thus the formal agreement will be signed in September.''
The Norwegian company is in some aspects a shipping expert in drill platform transportation.