News / Ansheng Shipping dips its toes into long-haul waters in tie-up with CULines

Credit Mojuan Chen.

China’s second-largest domestic liner operator, Quanzhou Ansheng Shipping, has assigned 12 ships of over 20,000 teu to the transpacific and Asia-Europe trades, in collaboration with compatriot China United Lines (CULines).

Ansheng’s holding company, Antong Holdings, announced the move during the release of the group’s H1 22 results on Friday and follows a co-operation agreement with CULines signed in May.

Antong became state-controlled after a government-led bailout in 2020, after unauthorised guarantees issued by the previous management plunged the group into a financial ...