SDSC
- Company typePrivate
- Founded2010
- HeadquartersQingdao, China
- Headcount11–50
- GTM typeB2B
- OfferingServices
SDSC firmographics
Firmographics- Name
- SDSC
- Legal name
- Shandong Shipping Corporation
- Website
- https://sdshipping.cn
- Company type
- Private
- Founded year
- 2010
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
SDSC industry classification
Industry- Product category
- Ocean Shipping Services
- NAICS
- Inland Water Freight Transportation (483211)
- SIC
- Deep Sea Foreign Transportation Of Freight (4412), Water Transportation (4400)
- akta.pro primary industry
- Dry Bulk Ocean Shipping (Capesize/Panamax/Handysize) (TLADAKAA)
Keywords
Where SDSC is headquartered
LocationHeadquarters
- HQ city
- Qingdao
- HQ country
- China
- HQ region
- Asia
Offices4 records
Markets served
SDSC business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Supply Chain
Revenue model
- Dry Bulk Shipping: Dry bulk transportation services for iron ore, coal, grain, and other bulk commodities across global routes. SDSC operates one of China's most professional dry bulk transport fleets, managing VLOC, Capesize, Panamax and other vessel types.
- Liquid Bulk Shipping: International refined oil products and chemical transportation services operating MR product tankers for global oil companies and traders.
- Shipping Finance (融资租赁): Financial leasing services for marine vessels and equipment, operating controlled vessel capacity exceeding 5 million DWT.
- Ship Management Services: Professional international ship management services including technical management, crew management, and ship management for various vessel types.
- Maritime Industry Services: Development and operation of Qingdao International Shipping Center, providing integrated services for shipping industry including government services, market trading, information exchange, finance, insurance, exhibition and training.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
SDSC product offering
Product offeringCore offering
SDSC is a state-owned maritime logistics enterprise operating five core business segments: dry bulk transportation (iron ore, coal, grain via VLOC, Capesize, Panamax, and Kamsarmax vessels), liquid bulk transportation (refined oil products and chemicals via MR product tankers), professional ship management services (technical management, crew management, ISM certification), shipping finance (vessel financial leasing managed by Shandong Huachen), and maritime industry services through the Qingdao International Shipping Center. The company serves global mining companies, oil traders, steel producers, and commodity trading houses across 60+ countries with a 2023 expanded registered capital of RMB 60.74 billion.
Product overview
SDSC (山东海运股份有限公司) is a state-owned maritime logistics enterprise operating a comprehensive shipping service portfolio. The company offers five core business segments: Dry Bulk Transportation (干散货运输), Liquid Bulk Transportation (液散运输), Ship Management (船舶管理), Shipping Finance (航运金融), and Maritime Industry Services (海运产业服务). These are supported by seven major subsidiaries: SDSC Bulk Transport, Shandong Huachen Financial Leasing, SDSC Tanker Transport, Shandong Ocean Development, SDSC Ship Management, SDTR Marine (Singapore), and SDSC Haiqing Logistics. The company operates a diversified fleet including VLOC, Capesize, Panamax, Kamsarmax vessels for dry bulk, and MR product tankers for liquid cargo. Services range from vessel operations and fleet management to financial services, logistics, and maritime industry park operations through the Qingdao International Shipping Center.
Differentiator
Problem solved
Functional benefit
Brands
- 山东海运散运 (SDSC Bulk): Dry bulk shipping brand operating from Hong Kong, managing a fleet of VLOC, Capesize, Panamax and Handymax vessels for global dry bulk transportation.
- 山东海运船管 (SDSC Ship Management)
- 山东华宸租赁 (Huachen Financial Leasing)
Quantifiable outcome
- 79.4% zero-defect PSC inspection rate in 2025
- +2 more outcomes
Companies that use SDSC
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles4 records
SDSC technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature7 records
SDSC partnerships and signals
Strategic signalPartnerships
20 partnerships are on record, tiered strategic and major.
- 华洋海事中心有限公司strategicDiscussions on optimizing crew management, deepening project cooperation, collaborative technology research, and joint industry ecosystem development.
- 法国船级社 (Bureau Veritas)majorMeeting with Director Hu Qianli on next-generation alternative fuel vessel technology certification and ship energy efficiency assessment.
- 中船动力（集团）有限公司majorSigned意向协议 for 325,000-ton ethanol/methanol tri-fuel ore carrier project. Co-developing next-generation green intelligent methanol ethanol flexible fuel two-stroke engines.
- 中国船舶集团青岛北海造船有限公司majorSigned意向协议 for 325,000-ton methanol dual-fuel new generation GuaibaMax ore carrier construction project.
- 德国莱茵集团有限公司 (RWE)majorSigned renewal contract for 6 vessels of 210,000-ton Newcastle type bulk carriers, extending long-term cooperation.
- 天蝎座油轮有限公司 (Scorpio Tankers)strategicSigned strategic cooperation agreement for tanker business collaboration.
- 中国石化燃料油销售有限公司strategicSigned strategic cooperation agreement for fuel supply and related services.
- 中国石化润滑油有限公司strategicSigned strategic cooperation agreement for lubricant supply and services.
- 大连海事大学strategicSigned industry-university-research cooperation agreement for talent cultivation and academic collaboration.
- 上海海事大学strategicSigned foreign-related maritime rule of law talent collaborative education agreement.
- 中国船东互保协会strategicSigned industry-university-research cooperation agreement.
- 中国船级社 (CCS)majorSigned crew training cooperation framework agreement. Providing ship inspection and certification services for green shipping technology.
- 劳氏船级社（中国）有限公司 (Lloyd's Register)majorSigned crew training cooperation framework agreement. Cooperation on decarbonization pathways, alternative fuel technology, and maritime standards.
- 挪威船级社（中国）有限公司 (DNV)majorSigned crew training cooperation framework agreement. Signed digitalization and decarbonization strategy cooperation agreement.
- 必维船级社（中国）有限公司 (Bureau Veritas)majorSigned crew training cooperation framework agreement. Cooperation on green shipping and alternative fuel vessel technology certification.
- 山东船员服务协会strategicSigned crew training cooperation framework agreement for maritime talent development.
- 挪威船级社 (DNV)majorSigned digitalization and decarbonization strategy cooperation agreement for green shipping development.
- 中国船级社 (CCS)majorReceived Approval in Principle (AIP) certificate for world's first 85,000-ton ammonia fuel bulk carrier.
- 大连海事大学strategicMaintaining exchange and collaboration in green low-carbon field with Dalian Maritime University.
- 上海海事大学strategicMaintaining professional exchange and collaboration in maritime education and research.
Scale indicators9 records
Recent moves6 records
Expansion highlights6 records
SDSC competitors and assessment
Company assessmentDirect peers
- Star Bulk Carriers: Global dry bulk operator (NYSE-listed) with one of the largest Newcastlemax/Capesize fleets worldwide. Directly comparable on dry bulk ocean shipping product offering, customer segments (mining houses, commodity traders), and vessel class mix.
- Scorpio Tankers: Pure-play product tanker operator (MR and LR2) and recent strategic cooperation partner of SDSC. Directly comparable in the liquid bulk product tanker segment where SDSC's tanker subsidiary operates.
- Genco Shipping & Trading: NYSE-listed pure-play dry bulk shipowner operating Capesize, Ultramax, and Supramax vessels. Directly comparable business model in dry bulk ocean transportation for iron ore, coal, and grain commodities.
- Eagle Bulk Shipping: US-listed dry bulk owner-operator focused on Supramax/Ultramax vessels. Directly comparable dry bulk ocean shipping operations serving commodity trading customers globally.
- Diana Shipping: Greek-based dry bulk shipowner with a fleet of Capesize, Kamsarmax, Panamax, and Ultramax vessels. Comparable dry bulk product offering and customer base (mining houses, commodity traders).
- China Merchants Energy Shipping: Major Chinese state-owned shipping company with VLCC tanker and bulk carrier operations. Direct competitor in both liquid bulk (VLCC/MR tankers) and dry bulk segments, with comparable state-backed structure and customer base.
- Sinotrans Shipping: Chinese state-owned shipping arm of Sinotrans Group, operating dry bulk and specialized vessels. Comparable Chinese SOE structure with similar customer base in mining and commodity trading.
- Pangaea Logistics Solutions: Dry bulk operator specializing in niche routes and project cargo with ice-class vessels. Comparable dry bulk ocean transportation business model with focus on specialized bulk commodity flows.
- COSCO Shipping Holdings: China's largest ocean shipping group and the dominant domestic peer. COSCO operates container, dry bulk, and tanker fleets at materially larger scale than SDSC, directly competing for the same Chinese mining and commodity charter business.
Others
- Shanghai Waigaoqiao Shipbuilding: CSSC subsidiary that holds a 34.97% strategic stake in SDSC post-2023 reform. Not a direct competitor but a key industrial partner and shipbuilder for SDSC's methanol dual-fuel newbuild programs, with deep strategic and operational alignment.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
SDSC social profiles
Digital presenceSDSC financial estimates
Financial estimateRevenue estimate
Valuation estimate
SDSC leadership team
Management profileNumber of profiles
Profiles11 records
SDSC subsidiaries and ownership
Company hierarchySubsidiaries7 records
SDSC funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
SDSC M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about SDSC
What does SDSC do?
SDSC is a state-owned maritime logistics enterprise operating five core business segments: dry bulk transportation (iron ore, coal, grain via VLOC, Capesize, Panamax, and Kamsarmax vessels), liquid bulk transportation (refined oil products and chemicals via MR product tankers), professional ship management services (technical management, crew management, ISM certification), shipping finance (vessel financial leasing managed by Shandong Huachen), and maritime industry services through the Qingdao International Shipping Center. The company serves global mining companies, oil traders, steel producers, and commodity trading houses across 60+ countries with a 2023 expanded registered capital of RMB 60.74 billion.
Is SDSC a public or private company?
SDSC is a private company. It is classified as state government owned and is currently operating.
When was SDSC founded?
SDSC was founded in 2010. It employs 11 to 50 people.
Where is SDSC based?
SDSC is headquartered in Qingdao, China, in the Asia region.
How does SDSC make money?
Five revenue lines are on record. Dry Bulk Shipping is the primary driver. The others are liquid Bulk Shipping, shipping Finance (融资租赁), ship Management Services and maritime Industry Services.
Who are SDSC's main competitors?
Direct peers on record are Star Bulk Carriers, Scorpio Tankers, Genco Shipping & Trading, Eagle Bulk Shipping, Diana Shipping, China Merchants Energy Shipping, Sinotrans Shipping, Pangaea Logistics Solutions and COSCO Shipping Holdings. Shanghai Waigaoqiao Shipbuilding is listed as an others.
Does SDSC have an API?
No public API is recorded for SDSC.
What industry is SDSC in?
SDSC's product category is Ocean Shipping Services. Its primary akta.pro industry code is TLADAKAA, Dry Bulk Ocean Shipping (Capesize/Panamax/Handysize). Its NAICS code is 483211 and its SIC code is 4412.