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SSHZ Sino Shipping Holdings Inc. featured news, full reports, and detailed charts

Sino Shipping Holdings Inc. (SSHZ/SSHZ.OB) Wrap Up:

Sino Shipping Holdings, Inc. provides maritime transportation services through the commercial operation of its fleet of owned and in-chartered vessels. The company transports minor bulk commodities, including log and forest products, iron and steel products, fertilizers, agricultural products, cement and palm oil, and basic chemical and petrochemical products in China and Southeast Asia. It provides the transportation services under time and voyage charters. As of March 31, 2008, the company had a fleet of four shallow-draft bulk carriers and one oil/chemical tanker. Sino Shipping Holdings, Inc. is based in Shanghai, China.
www.yzmarine.com.cn
13 Employees

Sino Shipping Holdings Inc. (SSHZ:OTC Bulletin Board Market)

LAST $0.65 USD
CHANGE TODAY 0.00 0.00%
VOLUME 0.0
As of October 8, 2009 All times are local (Market data by Reuters is delayed by at least 15 minutes).

Snapshot of Sino Shipping Holdings Inc. (SSHZ)

OPEN
--
PREVIOUS CLOSE
$0.65
DAY HIGH
--
DAY LOW
--
52 WEEK HIGH
09/14/09 - $1.25
52 WEEK LOW
07/22/09 - $0.03
MARKET CAP
16.1M
AVERAGE VOLUME 3 mo
0.0
DILUTED EPS TTM
--
SHARES OUTSTANDING
24.8M
SSHZ Does Not Pay Dividends
P/E TTM
NM
K = Thousands  M = Millions  B = Billions

SSHZ Top Compensated Officers

Mr. Xinyu Zhang
Chief Executive Officer, President and Direct...
Age: 42
Total Annual Compensation: $15.0K

Executives, Board Directors

Compensation as of Fiscal Year 2008.

Key developments for Sino Shipping Holdings Inc. (SSHZ)

Sino Shipping Holdings Inc. announced delayed 10-Q filing

On 11/16/2009, Sino Shipping Holdings Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.

Sino Shipping Holdings Inc. Announces Management Changes

Ms. Lifang Huang resigned from her position as Sino Shipping Holdings Inc.'s Chief Financial Officer effective November 12, 2009. On November 12, 2009, the company hired Mr. Haiying Qin as its Chief Financial Officer, Mr. James Ji Tong Sze as its Senior Vice President and Chief Operational Officer, and Mr. Shaobin Ji as its Vice President, each pursuant to two-year employment agreements. Mr. Haiying Qin, 38, was the Vice President of Jessie International from November 2008 to November 2009. From September 2008 to November 2008, Mr. Qin served as Senior Associate of Lehman Brown International Accountants. Mr. James Ji Tong Sze, 39, was the General Manager of Commerce at Petrocom Energy Limited, from April 2006 to August 2009. Mr. Shaobin Ji, 46, has been the Assistant to the President of Yongzheng International Marine Holdings Co. Ltd., its parent company, since April, 2009. From 2001 to 2009, Mr. Ji served as an economic analyst at the Economic Analyst Survey and Design Institute of Harbour Channel in Anhui Province.

Sino Shipping Holdings Inc. Announces Earnings Results for the Second Quarter Ended June 30, 2009

Sino Shipping Holdings Inc. announced earnings results for the second quarter ended June 30, 2009. For the quarter, the company reported net loss of $0.29 million, down $2.01 million net income for the same quarter the previous year 2008.

otc, otcbb, pinksheet, SSHZ, ob Sino Shipping Holdings Inc.

SSHZ Competitors

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Industry Analysis

Valuation SSHZ Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 1.0x
Price/Book 0.7x
Price/Cash Flow NM Not Meaningful
TEV/Sales 1.0x

SSHZ

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SSHZ transactions

Type
Date
Target
No transactions in the last 6 months.

More Recent News About Sino Shipping Holdings Inc.

More news for SSHZ

SINO SHIPPING HOLDINGS INC. Files SEC form 8-K, Change in Directors or Principal Officers

ITEM 5.02. DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS (b) Ms. Lifang Huang resigned from her position as our Chief Financial Officer effective November 12, 2009. Ms. Huang's resignation was not the result of a disagreement with the registrant on any matter relating to our operations, policies or practices. (c) On November 12, 2009, we hired Mr. Haiying Qin as our Chief Financial Officer, Mr. James Ji Tong Sze as our Senior Vice President and Chief Operational Officer, and Mr. Shaobin Ji as our Vice President, each pursuant to two-year employment agreements. Mr. Haiying Qin, 38, was the Vice President of Jessie International, an investment advisory firm, from November 2008 to November 2009. From September 2008 to November 2008, Mr. Qin served as Senior Associate of Lehman Brown International Accountants, an accounting firm. Mr. Qin was Senior Accountant for Episcopal Community Services, a charity providing services to the homeless, from March 2008 to June 2008. Mr. Qin was an accountant with Wilson Sonsini Goodrich & Rosati, a law firm, from January 2008 to March 2008, and with Hines China, a real estate investment company, from June 2004 to May 2006. Mr. Qin earned a Bachelor's degree in accounting from Renmin University of China in 1995, a masters degree in accounting from the Capital University of Economics and Business in 2003, and a master of business administration from the University of Illinois at Chicago in 2007. Mr. James Ji Tong Sze, 39, was the General Manager of Commerce at Petrocom Energy Limited, a coal supplier, from April 2006 to August 2009. Mr. Sze served as Sales Manager of TNT Marketing Service (Shanghai) Company Ltd., a marketing firm, from December 2005 to April 2006. From March 2003 to June 2005, Mr. Sze served as Deputy General Manager and Product General Manager of Enterprise Server Solutions for Ingrammicro (China) Ltd, a technol...
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SINO SHIPPING HOLDINGS INC. Financials

Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback Quotes delayed, except where indicated otherwise.Delay times are 15 mins for NASDAQ, 20 mins for NYSE and Amex. See also delay times for other exchanges.Fundamental company data provided by Capital IQ. Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quotes are delayed at least 15 minutes. Real-...
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SINO SHIPPING HOLDINGS INC. Files SEC form 10-Q, Quarterly Report

Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations The following discussion and analysis should be read in conjunction with the financial statements and the notes to those statements included in this Form 10-Q. This discussion contains, in addition to historical information, "forward-looking statements" that involve risks and uncertainties. Forward-looking statements include, but are not limited to, statements that express our intentions, beliefs, expectations, strategies, predictions or any other statements relating to our future activities or other future events or conditions. These statements are based on current expectations, estimates and projections about our business based, in part, on assumptions made by our management. Words such as "believes," "anticipates," "expects," "intends," "may," and similar expressions are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements. These forward-looking statements are not guarantees of future performance. There are a number of factors, risks and uncertainties that could cause actual results to differ from the expectations reflected in these forward-looking statements, including changes in production of, or demand for, minor bulk commodities, either globally or in particular regions; greater than anticipated levels of vessel newbuilding orders or less than anticipated rates of scrapping of older vessels; changes in trading patterns for particular commodities significantly impacting overall tonnage requirements; changes in the rates of growth of the world and various regional economies; risks incident to vessel operation, including discharge of pollutants; unanticipated changes in laws and regulations; increases in costs of operation; the availability to us of suitable vessels for acquisition or chartering-in on terms we deem favorable; our ability to attract and retain customers; a...
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SINO SHIPPING HOLDINGS INC. Files SEC form 10-Q, Quarterly Report

Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations The following discussion and analysis should be read in conjunction with the financial statements and the notes to those statements included in this Form 10-Q. This discussion contains, in addition to historical information, "forward-looking statements" that involve risks and uncertainties. Forward-looking statements include, but are not limited to, statements that express our intentions, beliefs, expectations, strategies, predictions or any other statements relating to our future activities or other future events or conditions. These statements are based on current expectations, estimates and projections about our business based, in part, on assumptions made by our management. Words such as "believes," "anticipates," "expects," "intends," "may," and similar expressions are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements. These forward-looking statements are not guarantees of future performance. There are a number of factors, risks and uncertainties that could cause actual results to differ from the expectations reflected in these forward-looking statements, including changes in production of, or demand for, minor bulk commodities, either globally or in particular regions; greater than anticipated levels of vessel newbuilding orders or less than anticipated rates of scrapping of older vessels; changes in trading patterns for particular commodities significantly impacting overall tonnage requirements; changes in the rates of growth of the world and various regional economies; risks incident to vessel operation, including discharge of pollutants; unanticipated changes in laws and regulations; increases in costs of operation; the availability to us of suitable vessels for acquisition or chartering-in on terms we deem favorable; our ability to attract and retain customers; a...
Click here to read the whole Article (external link)

SINO SHIPPING HOLDINGS INC. Financials

Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback Quotes delayed, except where indicated otherwise.Delay times are 15 mins for NASDAQ, 20 mins for NYSE and Amex. See also delay times for other exchanges.Fundamental company data provided by Capital IQ. Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quotes are delayed at least 15 minutes. Real-...
Click here to read the whole Article (external link)

SINO SHIPPING HOLDINGS INC. Files SEC form 8-K, Completion of Acquisition or Disposition of Assets, Financial Stateme

Show all filings for SINO SHIPPING HOLDINGS INC. | Request a Trial to NEW EDGAR Online Pro Form 8-K for SINO SHIPPING HOLDINGS INC. 4-Aug-2009Completion of Acquisition or Disposition of Assets, Financial Stateme Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All informatio...
Click here to read the whole Article (external link)

SINO SHIPPING HOLDINGS INC. Files SEC form 8-K, Completion of Acquisition or Disposition of Assets, Financial Stateme

Show all filings for SINO SHIPPING HOLDINGS INC. | Request a Trial to NEW EDGAR Online Pro Form 8-K for SINO SHIPPING HOLDINGS INC. 4-Aug-2009Completion of Acquisition or Disposition of Assets, Financial Stateme Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All informatio...
Click here to read the whole Article (external link)

SINO SHIPPING HOLDINGS INC. Files SEC form 10-Q, Quarterly Report

Show all filings for SINO SHIPPING HOLDINGS INC. | Request a Trial to NEW EDGAR Online Pro Form 10-Q for SINO SHIPPING HOLDINGS INC. 20-May-2009Quarterly Report Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not ...
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SINO SHIPPING HOLDINGS INC. Files SEC form 10-K, Annual Report

ITEM 7. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATION. The following discussion and analysis should be read in conjunction with the financial statements and the notes to those statements included in this Annual Report on Form 10-K. This discussion contains, in addition to historical information, forward-looking statements that involve risks and uncertainties. Actual results and the timing of events could differ materially from those anticipated in these forward-looking statements as a result of a number of factors, including those discussed above under the heading "Risk Factors" and elsewhere in this Annual Report on Form 10-K. See "Forward Looking Statements". On March 31, 2008, the Share Exchange was completed, Yongchen and Hengzhou became our wholly-owned subsidiaries, and the businesses of Yongchen and Hengzhou were adopted as our business. As such, the following Management Discussion is focused on the current and historical operations of Yongchen and Hengzhou (and our other subsidiaries), and excludes the operations of Sino Shipping Holdings Inc. prior to the Share Exchange. Critical Accounting Policies and Estimates We prepare our financial statements in accordance with accounting principles generally accepted in the United States of America. We have identified the accounting policies below as critical to our business operations and the understanding of our results of operations. For a detailed discussion on the application of these and other accounting policies, see Note 3 to our audited financial statements. The application of these policies may require management to make judgments and estimates that affect the reported amount of assets and liabilities, disclosure of contingent assets and liabilities at the date of our financial statements, and the reported amounts of revenue and expenses during the reporting period. Management uses historical experience and all available information to make the...
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