Sainty Marine president resigns

Sainty Marine president resigns

Shanghai: Sainty Marine has announced that Wang Shuhua, president of the company, has resigned and left the company.

Wang was appointed as the president by the controlling shareholder of Sainty Marine, Jiangsu Guoxin Investment Group, in September 2014. The board of the company has recommended Zhang Shunfu as the successor to Wang.

In May, Sainty Marine’s general manager Wang Junmin and vice general manger Li Jiu, also left the company.

Sainty Marine is currently in the middle of a financial crisis, and it has been thrown out from the restructuring of Nantong Mingde Heavy Industry due to its own poor financial situation.

Jason Jiang

Jason worked for a number of logistics firms following his English degree, then switched this hands-on experience to writing and has since become one the most prolific writers on the diverse China logistics industry writing for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week. Jason’s access to the biggest shippers with business in China has proved an invaluable source of exclusives.

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