Marine Link
Tuesday, July 16, 2024

China's Second Largest Box-ship Operators to Diversify

Maritime Activity Reports, Inc.

March 4, 2012

Container ship operators China Shipping Group Co, seek to invest in other areas

Bloomberg reports China's second-largest container line, is looking for acquisitions in areas including shipbuilding and port operations as the industry struggles with overcapacity and slowing economic growth, said Group Chairman Li Shaode at a Beijing government meeting.