Port News

Investors sink more cash into Shanghai Bestway

Financially troubled Shanghai Bestway Marine Engineering Design has announced that  new investors Longhai Investment and Shanghai Dingguo have agreed to replenish a further RMB26.2m ($3.77m) into the company to accelerate its restructuring process. Shanghai Bestway entered a debt restructuring in February and signed an agreement with the two investors in June where the new investors …

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