First Steamship Co., Ltd. (‘FSC’) was listed on Taiwan Stock Exchange (TSEC) in 1965 (Stock Symbol: 2601TW), becoming the first publicly listed shipping company in Taiwan. The company’s main operations include:
- Dry Bulk Carrier Shipping Operation
- Professional Vessel Management Operation
- Crewing Service - includes crewmember recruit and selection and training
In order to ensure stable revenue source , FSC has been actively evaluating potential investment opportunities to supplement the core shipping operation. The China retail market has experienced explosive growth in recent years, attracting attention from countless global investors, including FSC. In May 2006, FSC officially invested in China’s Grand Ocean Group. Grand Ocean Group operates 16 large department stores in 5 provinces/cities. Grand Ocean Group was officially listed in Taiwan in June 2012 (stock code 5907 TW).
In addition to the shipping business and department store business, FSC invested Mariner Finance Limited., to officially enter the China financial leasing market on 2013. FSC setup Royal Sunway Co., Ltd. in 2015 that mainly engaged in the development and sale of real estate. The River & Tree Project is currently the main building project. In 2016, FSC purchases and setup Morton Securities Limited in Hong Kong to engaged in securities transactions, brokerage and underwriting business.