Financial Ports

Sierra Leone takes control of its cargo with 50-ship fleet backed by China

CLAVE 1 / 4Sierra Leone has launched a national shipping carrier, Sierra Leone Ocean Shipping Company (SLOSCo), with a planned fleet of 50 vessels.

CLAVE 2 / 4China’s Zhejiang Xiehai Group holds a 70% stake in SLOSCo, while Sierra Leone’s national agency retains 30%.

CLAVE 3 / 4The first phase of the fleet acquisition targets 30 vessels, aiming to reduce reliance on foreign carriers.

CLAVE 4 / 4SLOSCo will leverage an existing direct route between Taizhou Port, China, and Freetown’s Queen Elizabeth II Quay.

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