Wan Hai continues to build its container fleet with two new orders
Wan Hai Lines has gone to China International Marine Containers (CIMC) and Singamas to buy ...
The Wall St Journal has tried to shine a spotlight on the murky – but massive – HNA Group. The Chinese conglomerate is big in cargo (among other things), with stakes in many entities, including airports, cargo airlines and Swissport. Its logistics and transport businesses bring in $15bn, while the group holds assets worth $178bn. Its spending spree has slowed, however, although the company said it would not stop altogether, despite the Chinese government’s plan to stop too much money leaving the country. Here the WSJ looks at HNA’s ownership structure and what the sprawling group actually does. But much of the detail remains hidden behind offshore corporate entities as well as charities.
Knights of Old parent enters administration, but sister firm Nelson is saved
EXCLUSIVE: UPS rumoured to have eyes on DB Schenker
'Peak season already over' as ocean freight rates collapse further
Flexport fires CFO and HR VP, but sees need for a head of restructuring
150,000 empty containers stranded in Russia as trade imbalance grows
Manufacturing boom in India drives up intra-Asia freight rates
Rush for e-commerce capacity could trigger airfreight rate rise
Alex Lennane
email: [email protected]
mobile: +44 7879 334 389
During August 2023, please contact
Alex Whiteman
email: [email protected]
Alessandro Pasetti
email: [email protected]
mobile: +44 7402 255 512
Comment on this article