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Antong marks turnaround with 2020 profit

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Antong Holdings, parent company of China’s second largest domestic liner operator Quanzhou Ansheng Shipping, has capped its restructuring with a net profit for 2020. The...
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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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Government-backed JV to restructure Antong Holdings

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Quanzhou Municipal Government has formed a joint venture, with Chinese state-owned entities, China Merchants Port Holdings (CMPH) and AVIC Trust, to restructure the financially...
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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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Statkraft advances plans for green hydrogen scheme at Hunterston

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Europe’s largest generator of renewable energy has proposed the development of a green hydrogen facility at Hunterston, the former coal terminal in Ayrshire. Clydeport –...
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Port of Bilbao wraps up busiest month for cruise traffic

Out of the Box Alexandros Itimoudis - 0
May has marked a record month for cruise activity at the Port of Bilbao’s terminal in Getxo, with 18 cruise ship calls bringing over...
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Tripoli port shutdown sparks maritime crisis in Libya

CN Premium Articles Alexandros Itimoudis - 0
Libya’s shipping sector is teetering on the edge of collapse as fresh waves of political violence erupt in Tripoli, crippling key port operations and...
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Klaipėda port embarks on green hydrogen initiative

Port News Alexandros Itimoudis - 0
Klaipėda Port launched its green hydrogen initiative, positioning itself as the first in Lithuania and the broader Baltic region to produce and supply green...
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