News / Cosco and SIPG invest in SAIC Anji Logistics as it boosts PCTC fleet

18/12/2024

Cosco Shipping Holdings and Shanghai International Port Group (SIPG) have invested ¥2bn ($280m) in SAIC Anji Logistics, the shipping subsidiary of compatriot state-owned car maker SAIC Motor, as Chinese shipping companies continue to expand in the vehicle carrier segment.

The investment, equally ...

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