Chinese shipper buys parent’s port assets

Logistics and Transport

Friday, May 16, 2008 19:00:24

	Chinese shipper buys parent’s port assets By STAFF EDITOR Published: May 09, 2008 05:17 PM China Shipping Container Lines (601886.SH, 2866.HK) said Thursday it will pay US$5.28 million (RMB37.01 million) for its parent China Shipping Group’s 25% stake in the Yangshan port and 60% stake in the Yangpu port, China Business News reported. The deal will increase Container Lines’ stake in the Yangshan port from 50% to 75% and its stake in Yangpu port from 40% to 100%. bookmark \| digg \| Permalink \| Tell a Friend	More Articles in Logistics and Transport > Today’s Daily Briefs E-Mail Sign up for a roundup of the day’s top stories, sent every day. RELATED ARTICLES > SCR inks metro train deal with India Sinotrans, CSC merger approved NDRC interested in buying maglev technology Daqing to spend US$2.45b on rail expansion Cargo throughput climbs 15% in Qingdao during Q1 Carefour establishes sourcing center in Guangzhou Agricultural logistics park under construction in Shenzhen

LOGIN AGRICULTURE AND FOOD AUTOMOTIVE AVIATION BANKING, FINANCE AND INSURANCE CHEMICALS CONSUMER AND RETAIL DEMOGRAPHICS EDITOR'S BLOG ENERGY HEAVY INDUSTRY INFRASTRUCTURE AND CONSTRUCTION INVESTMENT LEGAL AND REGULATORY LOGISTICS AND TRANSPORT MACROECONOMICS NATURAL RESOURCES AND COMMODITIES PHARMACEUTICALS POLITICS REAL ESTATE STOCK MARKETS TELECOMMUNICATIONS, MEDIA AND TECHNOLOGY TEXTILES TRADE ABOUT US Affiliates Contact Us HELP Privacy Policy Terms of Use

Browse by Title
1 2 3 4 5 7 8 9 A B C D E F G H I J K L M N O P Q R S T U V W X Y Z