Despite equal ownership shares between PRC and Polish governments at 50% each, the FMC’s comprehensive review revealed that the PRC government exercises greater control over Chipolbrok’s corporate structure and commercial operations.
The Shanghai-headquartered company operates a fleet of 31 vessels with over 1 million DWT gross tonnage. Their modern multipurpose vessels feature box-shaped designs with movable pontoons and heavy gear capacity up to 700MT, suitable for break bulk projects and bulk cargo operations.
Under FMC regulations, controlled carriers – defined as ocean common carriers whose operating assets are directly or indirectly owned or controlled by a foreign government – face increased regulatory scrutiny in U.S.-foreign trades.
