Independent journal on economy and transport policy
23:15 GMT+2
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the terminalista group China Merchants Holdings (International) Co. it changes corporate name
It will be renamed Lowers Merchants Port Holdings Co.
June 6, 2016
The corporate name of the Chinese terminalista group Lowers Merchants Holdings (International) Co. Ltd. it will be changed in Lowers Merchants Port Holdings Co. Ltd. It has established the shareholders' meeting of the shareholders of the company that has met friday to Hong Kong, deciding of giving to greater visibility to Core business of the harbour activities that it represents beyond 90% of the total volume of the revenues of the group.
In occasion of the assembly the president of the group, Them Xiaopeng has found that "from January to May 2016, in spite of the slow resumption of the total economy, the imports and the exports of China they have turned out in sensitive decrease but - has emphasized - the international ports of CMHI have maintained altogether a consisting increase that has turned out better of the medium performance of the field. From January to May - Xiaopeng has explained - the traffic of the CMHI container has recorded an increase of 8.7% about, with an increase of 11.1% of the activities in China and an increase of 3.8% of the foreign activities".
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