Marine Freight & Logistics
PT Soechi Lines Tbk:Says it has established a new subsidiary, PT Lintas Samudra Maritim, on April 8 and was approved by the Ministry of Law and Human Rights of Indonesia on April 11.
Chang Jiang Shipping Group Phoenix Co Ltd:To set up wholly owned subsidiary in Wuhan, with capital of 50 to 200 mln yuan.To transfer all assets and debts to the new subsidiary.
China Merchants Energy Shipping Co Ltd:Set up subsidiary China VLOC Company Limited in Hong Kong, with capital of $1,000, on Aug. 28.
China Shipping Haisheng Co Ltd:To invest $1 million to set up a Singapore-based wholly owned subsidiary, which is engaged in sale of medical product and oil trade.
NAIGAI TRANS LINE LTD:To establish a wholly owned subsidiary based in Shenzhen, China on in September.New subsidiary to be mainly engaged in forwarding business, air cargo business and warehouse business.New subsidiary to be capitalized at 5.5 mln yuan.