Major Chinese merger could be imminent

China's two largest container carriers could be headed for a merger before the end of 2015. Other mergers in dry bulk and tanker could follow suit, reports the Wall Street Journal.
Photo: PR-foto
Photo: PR-foto
BY OLE ANDERSEN

A merger between China's two largest container carriers, Cosco and China Shipping Container Lines (CSCL), which would create the world's fourth-largest carrier, looks imminent and could receive final approval in January or maybe even before the end of the year, sources tell the Wall Street Journal.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
Must contain at least 6 characters
Must contain at least 2 characters
Must contain at least 2 characters

Get full access for you and your coworkers

Start a free company trial today

Share article

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Newsletter terms

Front page now


Further reading