Independent journal on economy and transport policy
13:46 GMT+2
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But Zehua is the new one chairman of shipowning group Chinese COSCO
It succeeds to Wei Jiafu
July 2, 2013
The Chinese shipowning group Lowers Ocean Shipping (Group) Co. (COSCO) has announced a change to the summit of the company with the nomination of But which new Zehua chairman of the board of directors in substitution of Wei Jiafu. The alternation has immediate effect and sessantatreenne Wei Jiafu exits from the group after to have guided COSCO in order almost 15 years and to have old three-year-old the limit 60-year-old of age in which the retirement of the leaders of the Chinese state companies happens, limit that moreover But Zehua reaches this year.
The charge of chief executive officer of the COSCO, that it was covered by But Zehua from on August 23, 2011, date in which Wei Jiaju it was named chairman of the group, is assigned Them Yunpeng.
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