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 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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