Greater ChinaOperations

Courage Investment expands into online crew training

Hong Kong-listed Courage Investment, formerly Courage Marine, has entered into a strategic agreement with Shandong Sooc Education Technology Stock Corp to expand into the online crew training sector.

Under the agreement, the two parties will establish a joint venture to tap into the online marine crew training market. Courage Marine plans to make an initial investment of RMB8m ($1.24m) into Xianfeng Online Information Technology, a subsidiary of Shandong Sooc to acquire an 80% stake in the company.

According to Courage Investment, the company sees booming demand for maritime crew training in both mainland China and Hong Kong as Covid-19 continues to spread worldwide, and it believes that online crew training will become a major trend.

The parties aim to develop one of the largest online maritime crew training courses in mainland China and Hong Kong.

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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