China Changjiang National Shipping (Group) Corporation
| Company type | State-owned enterprise |
|---|---|
| Industry | Shipping and Logistics |
| Headquarters | , |
| Parent | China Merchants Group through Sinotrans&CSC Group |
China Changjiang National Shipping (Group) Corporation (commonly referred to as CSC Group) is China's largest inland shipping company, with operations along the length of the Yangtze river. Its predecessors can be traced back to 1872, but the company in its present form dates back to 1950 when the Yangtze River Shipping Corporation was formed by the nationalisation of assets. This formed a core part of the China Yangtze River Shipping Group when created in 1992, ultimately gaining its present name in 1996.
In 2009 the company was reorganised together with the (also [state-owned]) China National Foreign Trade Transportation (Group) Corporation (Sinotrans) to form Sinotrans&CSC Holdings.[1] A strategic merger of this new company together with China Merchants Group received approval from the State Council of the People's Republic of China in December 2015, and by April 2017 Sinotrans Limited (and its former subsidiary Sinotrans Shipping) had become direct subsidiaries of China Merchants Group.[2]
References[edit]
- ^ "About Us". Company Profile. Archived from the original on 2015-09-24. Retrieved 2018-12-06.
- ^ Lee, Hong Liang (2017-04-11). "China Merchants, Sinotrans & CSC complete strategic reorganisation". Seatrade Maritime News. Retrieved 2018-12-06.
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