Yang Ming Sets Up Subsidiary in Indonesia

Yang Ming Sets Up Subsidiary in Indonesia

Yang Ming Marine Transport Corporation (Yang Ming) will form a new subsidiary with partners in Jakarta Indonesia named PT Yang Ming Shipping Indonesia on 16th May 2019. Mr. Benson Chou has officially been nominated as …
May 16, 2019 /  Vessels
Bahri signs MoA to purchase five second-hand Medium Range tankers for US$166mln

Bahri signs MoA to purchase five second-hand Medium Range tankers for US$166mln

The National Shipping Company of Saudi Arabia (Bahri) announces that The National Chemical Carriers (subsidiary 80% owned by Bahri) signed on Wednesday 24th February 2016 MoA to purchase five second hand MRs ships built …
Feb 26, 2016 /  Vessels
COSCO Shipyard Acquires Cosco Xiamen Repair Yard

COSCO Shipyard Acquires Cosco Xiamen Repair Yard

COSCO Shipyard Engineering Service (Dalian), a subsidiary of COSCO Shipyard Group, has entered into a deal to acquire the entire registered capital of COSCO (Xiamen) Shipyard. Pursuant to agreement, CSES will acquire …
Jan 14, 2016 /  Finance
NYK Takes 100% Share in Vietnamese Subsidiary

NYK Takes 100% Share in Vietnamese Subsidiary

Japanese shipping company Nippon Yusen Kabushiki Kaisha (NYK) has become the sole owner of its Vietnam-based subsidiary – NYK Line (Vietnam) Co. Ltd. Image: mhi.co.jp Back in November 2006, NYK Line (Vietnam) …
Oct 28, 2015 /  Finance