China Navigation in discussions to farm out some ships to managers

Singapore: Such is the scale of fleet expansion ongoing at China Navigation that for the first time in its 131-year history it is looking at farming out some vessels to third party managers.

The company’s managing director, Tim Blackburn, spoke with our sister site, Maritime CEO, yesterday in an interview where he hinted at further possible acquisitions following the takeover of two regional shipping companies in the past 18 months. The full article can be accessed here.  [25/09/14]

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