Greater ChinaOperations

GNG acquires Shuangtai Transportation

Chinese state-run shipping group Guangdong Province Navigation Group (GNG) has signed share transfer agreements with the shareholders of Guangdong Shuangtai Transportation for the acquisition of up to 90.6% equity shares in the company.

Shuangtai Transportation mainly operates passenger and cargo roro ships between Hai’an in Guangdong and Haikou in Hainan with a fleet of 12 ships.

GNG believes the acquisition is a milestone for the company’s ongoing efforts to integrate shipping resources in the north of Qiongzhou Strait.

GNG is the largest shipping group in Guangdong, operating in the businesses of shipping and logistics, port terminal and shipbuilding.

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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