Shenhua Group appoints new president

Shenhua Group appoints new president

China’s state-run energy group Shenhua Group has announced the appointment of Zhang Jiming as the new president of the company for a term of three years.

Prior to the appointment, Zhang was the vice president of the company.

Shenhua Group is currently in the final stage of merging with another state-run energy company Guodian Group.

Following the merger, Shenhua Group will change its name to China Energy Investment Corporation and absorb Guodian Group.

The merger will also a create a large combined bulker fleet. Shenhua owns a fleet of over 40 bulkers while Guodian operates a fleet of 16 bulkers via its subsidiary Tianjin Guodian Shipping.

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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