Zhonggu Logistics Acquiring Tianjin Port Assets

Zhonggu Logistics Acquiring Tianjin Port Assets
China’s logistics service provider, Zhonggu Logistics, is planning to purchase a stake in and increase capital investment into Tianjin port. The total investment amount will be around CNY700m ($109.9m) is aimed at strengthening the company’s container business. “The...
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Wilson Acquires 11 Bulk Carriers Under Arkon Deal

Wilson Acquires 11 Bulk Carriers Under Arkon Deal
Norwegian short-sea operator Wilson has entered into an agreement to purchase eleven bulk carriers under the lease contract signed with German Arkon Shipping in 2020. To remind, the parties signed a deal under which Wilson was to take about 20 dry bulk...
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