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Asia Pacific Containers Consolidation

Chinese port majors team up through cross-holding agreement

The partnership will see ZJ Seaport become the second-largest shareholder of CMPort. In exchange, CMPort will become the second-largest shareholder of Ningbo-Zhoushan Port Co, the flagship unit of ZJ Seaport

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China is aiming to further consolidate its domestic port sector and to establish ‘world-class port clusters’

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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