China greenlights yet another shipping-related merger

The country's authorities have cleared the merger of Sinotrans and CSC Holding into one unit owned by China Merchants Group. The move is part of the governments efforts to streamline the country's shipping industry.

by DANIEL LOGAN

Following the approval of the merger between state-owned shipping units China Cosco and CSCL earlier this month, the Chinese authorities have now greenlighted another merger as part of the efforts to streamline the country's shipping industry.

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China greenlights yet another shipping-related merger

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Massive Chinese container merger gets go-ahead

Here are the details behind China's mega-merger

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Front page now

Maritime & Merchant notes fierce competition in loans for shipping

14 arrested at demonstration in front of Maersk headquarters

Norwegian car carriers bag multi-year contracts

IMO's fossil fuel ban in the Arctic faces criticism

Record influx of container ships this year will not cause trouble until 2025

Cosco and CMA CGM expect further pressure on major European ports

Kuehne+Nagel triggers unrest among staff with new management structure

Dry bulk players dismiss green fuels in favor of low-hanging fruits

Less than one percent of the container fleet is currently idle

Congestion in Asian ports is now as bad as during Covid

Analysis: Capesizes have become too expensive despite strong market

UK Chamber of Shipping calls for more trade-friendly policies

Further reading

Kuehne+Nagel triggers unrest among staff with new management structure

Cosco and CMA CGM expect further pressure on major European ports

Congestion in Asian ports is now as bad as during Covid

Less than one percent of the container fleet is currently idle

Dry bulk players dismiss green fuels in favor of low-hanging fruits

Analysis: Capesizes have become too expensive despite strong market

Jobs