Container

Chinese mega-merger to launch operations in a few weeks

The large-scale merger of, among activities, the dry bulk and container units of the two Chinese shipping conglomerates Cosco Group and China Shipping is expected to be operational by as early as February 18th.
Photo: PR-foto
Photo: PR-foto
BY OLE ANDERSEN

The merger of China's two state-owned shipping groups Cosco and China Shipping Group will be operational, at least formally, by as early as February 18th 2016 after shareholders have approved the restructuring plans for the listed units in the groups, namely China Cosco Holdings, Cosco Pacific and China Shipping Container Lines.

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 be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    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

    Related articles

    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

    Jobs