CNOOC chairman appointed general manager of Sinochem

Chinese state-run chemical giant Sinochem has announced the appointment of Yang Hua as the new general manager of the group under the arrangement of the central government.

CSIC chairman Hu Wenming to retire

China Shipbuilding Industry Corporation (CSIC), one of two state-run shipbuilding conglomerates in China, has announced that Hu Wenming has ceased to be the chairman of the group due to retirement.

Yangzijiang chairman takes leave to assist with Chinese government investigation

Yangzijiang Shipbuilding’s executive chairman Ren Yuanlin has taken a leave of absence to assist Chinese authorities in a “confidential investigation”, the company stated.

FSC Chairman Announces to Normalize DSME through Private Management

As Daewoo Shipbuilding and Marine Engineering Co. (DSME) successfully completed the bondholder’s meeting on April 18, the cash-strapped company has dramatically dodged a court receivership.

Four groups expected to bid for Thessaloniki Port on Fri – chairman

Four foreign investors are expected to bid for a majority stake in Greece’s Thessaloniki Port, on Friday, the offer deadline, the port’s top executive said on Wednesday.

Maersk chairman says ready to take role in shipping takeovers

Denmark’s A.P. Moller-Maersk, the world’s largest container shipping group, is ready to use its financial muscle to swallow up struggling competitors as the industry heads for further consolidation, the company’s chairman said.

Coscocs chairman Xu launches Cosco Shipping Lines Central America and Panama

Cosco China Shipping Group Chairman Xu Lirong has launched the new lines of business of the company: Cosco Shipping Lines (Central America) Inc and Cosco Shipping lines (Panama) Inc, in Panama.