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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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DP World, Reliance Industries team up on innovative rail solution

News Container News Team - 0
DP World and India’s Reliance Industries have partnered to launch an innovative logistics solution for the petrochemicals industry, shifting product transport from road to...
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Maersk and Port of NY&NJ reach lease extension deal for APM Terminals Elizabeth

Port News Container News Team - 0
Maersk and the Port Authority of New York and New Jersey (PANYNJ) have agreed to extend APM Terminals Elizabeth's lease through December 2062. The deal...
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Noatum Maritime receives first LNG-powered vessel for United Global Ro-Ro JV

News Container News Team - 0
Noatum Maritime, part of AD Ports Group’s Maritime & Shipping Cluster, has received its first LNG-powered Pure Car and Truck Carrier (PCTC) Ro-Ro vessel,...
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The Green Gamble: Navigating Risks and Opportunities in Sustainable Ship Financing

News Alexandros Itimoudis - 0
Reed Smith, in partnership with DNV Maritime Advisory, organized "The Green Gamble: Balancing Risks and Opportunities in Shipping Investments" seminar at their London office. This...
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