China Merchants Group plans to consolidate shipping operations
China Merchants Group is planning to consolidate its container line operations amid a boom in the global shipping industry, reports Caixin. China Merchants Energy Shipping, the Shanghai-listed cargo shipping unit of China Merchants Group, aims to spin off its container shipping arm Sinotrans Container Lines and car carrier Guangzhou China Merchants RO-RO Transportation (CMES RoRo).…
China Merchants Group Nantong Holdings China Merchants Energy China Merchants Energy Shipping Sinotrans Container Lines Guangzhou China Merchants
Source: chinaeconomicreview.com