Greater China

CSCL looks for new growth areas

Shanghai: China Shipping Container Lines (CSCL) announced yesterday that it will be adding new areas to its business.

In addition to its current business, CSCL has added several services to its business scope including marine and engineering management of general cargo ships, vessel overhaul, maintenance, trading, leasing and operations, and asset management.

CSCL has been recently consolidating its businesses, and has transferred part of its equity in Lianyungang New Oriental International Container Wharf and full equity in China Shipping Terminal Development in order to reduce deficits. [25/10/13]

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