Sabrina Chao and Kenneth Lam’s ship finance venture SeaKapital Holdings has come together with Chinese shipowner Seacon Shipping to set up a joint venture called Continental Kapital Shipping.
The 50/50 joint company will be based in Hong Kong, to try to elevate its standing as an international shipping hub.
“The alliance between the shipping groups of mainland China and Hong Kong represents a closer collaboration of the two countries, which is expected to contribute to augmenting China’s endeavours to be a modern shipping power,” said Continental Kapital.
