Financial Ports

China Secures 70% Stake in Sierra Leone’s 50-Ship Fleet Venture

CLAVE 1 / 4China’s Zhejiang Xiehai Group takes a 70% stake in Sierra Leone’s new national shipping company, SLOSCO.

CLAVE 2 / 4SLOSCO plans an initial fleet of 30 ships, expanding to 50 vessels based on Chinese designs.

CLAVE 3 / 4Sierra Leone ranks 3rd in Africa and 32nd globally in merchant ship registrations, with 584 vessels.

CLAVE 4 / 4China’s shipbuilding output hit 56.1% last year, securing nearly 80% of new build orders in early 2026.

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