New Business Highlights

Signing of 2 New Kamsarmax Bulkers with CSSC Chengxi Shipyard

On 15th Nov 2018, Wah Kwong signed the ship-building contract of two 82,000 dwt kamsarmax bulk carriers with CSSC Chengxi Shipyard in financial partnership with CMB Financial Leasing:

(Front row, from left) Ms. Meng Jian, Manager of Ship Building Business Dept. Manager of Commercial Division & Vice Chief Economist, CSSC Chengxi Shipyard Co., Ltd.; Mr. Hing Chao, Executive Director of Wah Kwong; Mr. Wu Aijun, Vice President, Asia & Pacific Dept., China Shipbuilding Trading Co. Ltd.
Strategic Partnership Agreement with CMB Leasing

On 8th Feb 2018, Wah Kwong signed strategic partnership agreement at China Merchant Bank Building in Shanghai. The agreement covers extensive future cooperation between Wah Kwong and CMB Leasing including ship financing, joint investment, asset management and chartering:

Mr. Zhu Xi (front, right), ex-Vice President, CMB Financial Leasing Co., Ltd; Mr. Guo Guang (back, sixth from left), President; Mr. Hing Chao (back, fifth from left), Executive Director of Wah Kwong; Capt. J.F. Zhou (front left), Chief Operating Officer
Signing of 4+2 Mini-Capes by Cargill and CSSC (Hong Kong) Shipping Leasing

Signing ceremony on 28th June 2018 at World-Wide House in Central, Hong Kong, with Cargill and CSSC (Hong Kong) Shipping Leasing for new building supervision and commercial/ technical management of CSSC Leasing’s mini-cape projects:

(From left) Mr. Yang Li, Chairman of CSSC (Hong Kong) Shipping Leasing Co., Ltd; Ms. Sabrina Chao, Executive Chairman of Wah Kwong; Mr. Lei Fanpei, Chairman, CSSC (Hong Kong); Mr. Andrew Barker, Cargill Asia Pacific Lead; Mr. Yang Lei, General Manager of Cargill Grand China Area
Signing for Technical Management with CDB Leasing

Signing ceremony on 3rd Aug 2018 at CDB Tower in Futian, Shenzhen, with CDB Leasing for technical management and chartering of MV Ocean Venture and Ocean Enterprise:

Mr. Huang Min (front, left), Executive Director, Vice President, Secretary of the Board, CDB Financial Leasing Co., Ltd; Mr. David Palmer (front, right), Chief Executive Officer of Wah Kwong
Strategic Cooperation Agreement with CSIC Leasing

On 24th Nov 2018 at Wah Kwong, Hong Kong, Wah Kwong signed with CSIC Leasing a strategic cooperation agreement which aims to integrate the two companies’ mutual strengths in future projects that will cover shipbuilding, leasing, joint investment and asset management:

(Front, from left) Mr. Feng Xiongya, Director and President of China Shipbuilding Industry Corporation Leasing Co. Ltd.; Capt. J.F. Zhou, Chief Operating Officer of Wah Kwong (Back, from left) Mr. Chen Qing, General Manager, Wuchang Shipbuilding Industry Group Co. Ltd.; Mr. Li Yanqing, Director of the International Department of China Shipbuilding Industry Corporation (CSIC); Mr. Liu Yue, CSIC Capital Holding Co. Ltd.; Mr. Xu Ziqiu, President of China Shipbuilding & Offshore International Co., Ltd.; Mr. He Jiwu, Vice President of CSIC; Mr. Hing Chao, Executive Director of Wah Kwong; Mr. David Palmer, Chief Executive Officer; Capt. W. L. Hung, General Manager of Ship Management