News / Antong to boost box fleet and enter car-carrying arena with double acquisition

The Chinese state-owned Antong Holdings, parent of Quanzhou Ansheng Shipping, is to expand its container shipping operations and enter the car-carrier business by acquiring Sinotrans Container Lines (Sinolines) and China Merchants RoRo Transportation (Guangzhou) from China Merchants Energy Shipping Company (CMES).

 The transaction could see Antong overtake DP World’s Unifeeder as the world’s 16th largest liner operator and will enable CMES to focus on its core businesses of dry bulk and tanker shipping.

Sinolines and Guangzhou RoRo ...