The Birth of A Mega Ship FunD – Sovereign (and Public) Equity Award

On 29 December 2009, a group of investors in China celebrated the inauguration of China Ship Fund (“CSF”) and set sights to grow this shipping fund to RMB 20 billion (USD 3.1 billion) over the next few years. This would be Tianjin city’s second major fund, approved by State Council and the National Development and Reform Commission of China.

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