Hong Kong ship owners seize chance as Africa trade soars

Burgeoning trade between China and Africa and sales by German shipping investment funds have combined to create opportunities for two fledgling Hong Kong ship owners.

Tribini Capital and Mandarin Shipping have both acquired container ships from distressed-ship investment vehicles in Germany in the past few months and chartered the vessels to larger shipping lines operating between Asia and Africa.

via Business feed http://www.scmp.com/business/companies/article/1209557/hong-kong-ship-owners-seize-chance-africa-trade-soars