In August 2023, Rongyida Group and Singapore’s Yuantai Group successfully established a joint venture, incorporating RONG YI DA SHIPPING PTE.LTD in Singapore. This partnership synergizes both parties' competitive advantages in maritime resource allocation, market channel networks, and specialized technical expertise.
Following meticulous preparations, the vessel "XIN YIDA28", procured through capital investment by RONG YI DA SHIPPING PTE.LTD, formally completed its outfitting and commenced operations on April 30, 2024.
The newly commissioned vessel will primarily operate along Southeast Asia's key trade routes, a region recognized as one of the globe's most bustling commercial corridors with robust cargo transportation demands. The deployment of M/V "XIN YIDA28" is projected to not only solidify RONG YI DA SHIPPING PTE.LTD's market share through enhanced service capabilities but also optimize regional trade connectivity, thereby propelling the synergistic development of related industrial chains.
