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Tag: Antong Holdings

Antong ships re-employed after CULines termination

All 12 Panamax ships that China United Lines (CULines) redelivered early to Antong Holdings have found new charterers, in another sign of the firm...

CULines and Antong strengthen cooperation

China United Lines (CULines) and Antong Holdings, parent of Quanzhou Ansheng Shipping, have signed a pact to jointly invest in shipping and logistics. The agreement...

Antong continues recovery with Q1 profit

Antong Holdings, the parent company of China’s second largest domestic liner operator Quanzhou Ansheng Shipping, has released its Q1 figures, with a CNY43.76 million...

Antong completes year-long reorganisation

Chinese domestic liner shipping group Antong Holdings announced on 19 December 2020 that it has completed its year-long restructuring process. Alluding to its two main...

Antong gets US$688 million cash injection

Fujian Zhaohang Logistics, the government-led entity that is restructuring struggling Chinese domestic liner shipping group Antong Holdings, has, with 12 other Chinese investors, injected...

Chinese investment company acquires Antong assets

A privately owned Chinese investment management company has acquired part of Antong Holdings' cold chain operations and a ship from the struggling liner operator...

Antong auctions ship after government bailout

Just a day after securing a government bailout, cash-strapped Chinese domestic liner operator Antong Holdings has begun selling assets to raise cash. On 15 October...

Troubled Antong mulls restructuring options

Chinese state-owned groups China Merchants Port Holdings (CMPH) and Aviation Industry Corporation of China (AVIC) have expressed an interest in restructuring troubled Chinese domestic...

China’s securities watchdog punishes Antong bosses

Guo Dongze and Guo Dongsheng, majority shareholders of Chinese domestic container operator Antong Holdings, and other senior staff have been penalised by the China...

Government pays to refloat troubled domestic carrier Antong

Antong Holdings, parent company of Chinese domestic operator Quanzhou Ansheng Shipping, will receive around US$8.4 million in government subsidies, after disclosing estimated losses of...
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