Fujian Guohang maps out Hong Kong fleet expansion

Chinese bulker owner Fujian Guohang Ocean Shipping is preparing to establish 12 wholly owned shipping companies in Hong Kong as it lays the groundwork for a newbuilding investment programme valued at approximately CNY2.49bn ($372m). The Beijing Stock Exchange-listed company disclosed on October 12 that its board had approved the creation of the subsidiaries through Guohang … Read full article →