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The Chairman of the China Merchants Group (CMG), China’s largest diversified conglomerate, who was on a visit to Sri Lanka says the Group’s latest investment plans will up its accumulated investments in the island to reach nearly 2 billion US Dollars. Chairman Miao Jianmin, who is on his first
The highest ranking official from the China Merchants Group (CMG) visited the Hambantota International Port on an inspection tour of the facility last week. Chairman Miao Jianmin was welcomed by Johnson Liu, CEO of Hambantota International Port Group (HIPG) and staff of the port. CMG is the parent company of CMPort which has a public […]
The highest ranking official from the China Merchants Group (CMG) visited the Hambantota International Port on an inspection tour of the facility last week. Chairman Miao Jianmin was welcomed by Johnson Liu, CEO of Hambantota International Port Group (HIPG) and staff of the port. CMG is the par
China state-owned COSCO Shipping Corporation Ltd, the fourth-biggest player in the shipping industry, according to London-based data analytics company GlobalD
The world’s leading shippers all stopped deliveries to and from Russia after its invasion of Ukraine — with one crucial exception. That, according to the London-based data analytics company GlobalData, was the industry’s fourth-biggest player, China COSCO Shipping Corporation Ltd. The Shanghai-headquartered group’s continued transport of Russian crude oil to China provided “economic succor for ...