China Merchants Group plans to consolidate shipping operations | Hellenic Shipping News Worldwide hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
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).…
The transition to low freight rates has been hard on the small upstart container carriers that launched during the boom times of the late-pandemic era.
CULines quits Asia-Europe trade and pulls out of VSA with Antong theloadstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theloadstar.com Daily Mail and Mail on Sunday newspapers.