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Li Shaode News

26 Mar 2013

China Shipping Major Reports 2012 Profits Dip

China Shipping Development Company Limited reports 'Business Income' decreased 9.1% as against 2011 figures. Year 2012 saw a sluggish recovery of the world economy, so the shipping market continued the low trend. With rising fuel costs and port charges, suppressed by low freight, many shipping companies are in difficulties. Under the correct leadership of the board of directors, China Shipping has taken steady steps to push forward the strategy of “big ships, big clients, big cooperation”, combined with refined management of production, cost control, plus building of talent teams, maintained a healthy trend of enterprise development. The total annual turnover was 389 billion ton/mile, 12.6% increase than last year, total business income 11.05 billion Yuan, a decrease of 9.1%.

05 Mar 2012

China's Second Largest Box-ship Operators to Diversify

Container ship operators China Shipping Group Co, seek to invest in other areas Bloomberg reports China's second-largest container line, is looking for acquisitions in areas including shipbuilding and port operations as the industry struggles with overcapacity and slowing economic growth, said Group Chairman Li Shaode at a Beijing government meeting.

23 Mar 2009

Marchand in Int’l Maritime Hall of Fame

The International Maritime Hall of Fame announced recently the Georgia Ports Authority’s (GPA) Executive Director Doug J. Marchand will be honored as one of its newest members on May 13, 2009, at the United Nations in New York City. The International Maritime Hall of Fame was founded in 1993 and recognizes maritime visionaries, who, through excellence in their company, organization, or services, best exemplify the qualities of futuristic thinking that will guide the maritime industry in the 21st Century. “By creating unique opportunities and success at the Ports of Savannah and Brunswick, Doug has set the standard in the port industry and developed a model others attempt to duplicate,” said GPA’s Chairman of the Board Steve Green. Marchand has served as GPA’s Executive Director since 1995.