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Antong ships re-employed after CULines termination

Container News Team - 0
All 12 Panamax ships that China United Lines (CULines) redelivered early to Antong Holdings have found new charterers, in another sign of the firm...
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CULines and Antong strengthen cooperation

Container News Team - 0
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...
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Antong continues recovery with Q1 profit

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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...
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Antong completes year-long reorganisation

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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...
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Antong gets US$688 million cash injection

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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...
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Chinese investment company acquires Antong assets

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

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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...
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Troubled Antong mulls restructuring options

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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...
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China’s securities watchdog punishes Antong bosses

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

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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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Port NOLA confirms US$1 million grant for Louisiana box terminal project

Port News Container News Team - 0
The Port of New Orleans (Port NOLA) was awarded US$1 million from the Environmental Protection Agency (EPA) for its Louisiana International Terminal (LIT) Sustainability...
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Assessing Impact of COSCO’s Potential Expulsion from Piraeus Port

CN Premium Articles Alexandros Itimoudis - 0
Following the United States blacklisting of Chinese shipping giant COSCO, the owner and operator of the port of Piraeus, the operations at the major...
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Rapid rate declines expected in February

CN Premium Articles Container News Team - 0
Vespucci Maritime CEO Lars Jensen said in a Baltic Exchange report that the alliance reshuffling is expected to result in short-term overcapacity in February. This...
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NYK establishes ship management firm for offshore wind power projects

Out of the Box Container News Team - 0
In December, NYK jointly established Japan Offshore Support (JOS) together with Akita Eisen KK to provide ship maintenance and management services for offshore wind...
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