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Zhonggu Logistics buys into Tianjin port unit

Container News Team - 0
Zhonggu Logistics, China’s largest domestic liner operator, has acquired a 35% in one of Tianjin Port’s subsidiary logistics firms, paying US$108.84 million for the...
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Zhonggu’s earnings rocket by 214% in first nine months of 2021

Container News Team - 0
Zhonggu Logistics, China's largest domestic liner operator, saw its net profit grow by 214% year-on-year to US$240 million in the first nine months of...
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Zhonggu profit skyrockets by 343% in the first half

Container News Team - 0
Zhonggu Logistics, China's largest domestic liner operator, said that 2021 first half net profit rocketed 343% year-on-year to US$170.43 million as tight shipping capacity...
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Zhonggu profits from Panamax quartet sale

n.savvides - 0
Taking advantage of the red-hot container shipping market, China's largest domestic liner operator Zhonggu Logistics will reap a profit of at least US$69 million...
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Wuhan unveils multimodal ambitions

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Wuhan is eyeing more container routes as the Chinese river-port embarks on the second phase of a river-rail project that will make it China’s...
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Zhonggu raises capital as profits soar

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Zhonggu Logistics will issue up to 133,333,333 A-shares to raise CNY3 billion (US$461 million) that will finance newbuildings, new containers and develop information technology...
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Zhonggu Logistics set for IPO

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Zhonggu Logistics, an affiliate of China's largest domestic liner operator Zhonggu Shipping Group, plans to raise CNY1.5 billion (US$214 million) through an IPO of...
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The Indian Ocean Rivalry

CN Premium Articles Alexandros Itimoudis - 0
The Indian Ocean has emerged as a strategic theater of competition between two Asian giants: India and China. India’s recent developments indicate a rapid expansion...
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Statkraft advances plans for green hydrogen scheme at Hunterston

News Container News Team - 0
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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