Story thread · 2 reports / 2 sources

Sinolines and Antong combination a formidable rival for forwarders in Asia

theloadstar.com · 1hShare

Freight forwarders could face a changing competitive landscape in China and intra-Asia shipping: Sinotrans Container Lines (Sinolines) has moved to take control of Antong Holdings, combining one of China’s major domestic container logistics networks with an international liner. On Wednesday, China Merchants Energy Shipping (CMES) informed the Shanghai Stock Exchange that its subsidiary Sinolines now held 14.94% of the shares of Antong, the holding company of Quanzhou Ansheng Shipping, making it ... The post Sinolines and Antong combination a formidable rival for forwarders in Asia appeared first on The Loadstar .

First report: China Merchants closes in on Antong control — splash247.com, 1d