Ansheng Shipping to expand into international business

Ansheng Shipping to expand into international business

Chinese domestic container shipping operator Ansheng Shipping has announced that it will expand its service to international destinations, and plans to move into the Southeast Asia market.

Antong Logistics, the parent of Ansheng Shipping raised RMB700m ($105m) in 2016 for acquisitions. The company said it has decided to cancel part of the acquisition plan and use the funds to invest in reefer containers to meet the demand from both domestic market and international market expansion.

Ansheng Shipping currently operates 15 owned containerships and another 20 under financial leasing arangements.

Jason Jiang

Jason worked for a number of logistics firms following his English degree, then switched this hands-on experience to writing and has since become one the most prolific writers on the diverse China logistics industry writing for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week. Jason’s access to the biggest shippers with business in China has proved an invaluable source of exclusives.

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