China Shipping in massive deal with state-owned bank

China Shipping Group and state-owned Bank of China have entered a large-scale partnership for a total of USD 14 billion. The deal is part of the country's ambitions to fine tune the Chinese shipping industry ahead of 2020.

by DANIEL LOGAN

China Shipping Group has secured around USD 14 billion in credit and financing facilities through a giant collaboration with state-owned Bank of China, reports Seatrade Global.

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China Shipping in massive deal with state-owned bank

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Chinese shipping to transport more Chinese goods

China appoints the country's future shipyards

China Shipping secures USD 8 billion loan

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Front page now

Royal Arctic Line's chief executive steps down

Seven Seas: Customers' green ambitions and actions don't align

Venture fund in Singapore wants increased business focus from start-ups

German bank to broker CO2 allowances to shipping customers

MSC chosen as strategic partner for ailing Spanish rail freight company

Grieg and Peak Group venture orders up to eight new vessels

First US bunkering terminal for LNG is on its way

Russian oil is trading closer to USD 100 than the G-7 price cap

Oil supermajor Saudi Aramco enters LNG

Norway increases support for developing countries' green shipping transition

Oil steady after technical resistance stalled blistering rally

It's time for DHL's new global head of ocean freight to prove he can be number one

Further reading

Media: Sale of DB Schenker enters next phase

It's time for DHL's new global head of ocean freight to prove he can be number one

German logistics company wants to grow 250 percent by 2030

MSC chosen as strategic partner for ailing Spanish rail freight company

Seven Seas: Customers' green ambitions and actions don't align

Royal Arctic Line's chief executive steps down

Jobs