Baosteel executive investigated for corruption

Baosteel executive investigated for corruption

Shanghai: China’s largest ever anti-corruption sweep in government agencies and state run companies has been intensified lately.

The Central Commission for Discipline Inspection announced yesterday that Cui Jian, vice general manager of state run steel producer Baosteel, is currently under investigation by authorities for alleged corruption.

Baosteel runs a shipping division Shanghai Baosteel Shipping, which operates 11 bulkers with total capacity of 270,000 dwt. It also operates a shipping joint venture Hong Kong Haibao Shipping with China Shipping Group.

The anti-graft drive has snared many in shipping, shipbuilding and commodities to date.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.

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