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China Cosco senior executive Xu resigns

The China Cosco senior executive being investigated for corruption, Xu Minjie, has quit the company.

Marcus Hand, Editor

November 11, 2013

1 Min Read
Kalyakan - stock.adobe.com

In a brief statement Hong Kong-listed China Cosco said executive director Xu  had resigned for “personal reasons”. No reference was made to the corruption investigations.

Last week it was revealed that Xu was “under investigation by a relevant regulatory body.” At the time China Cosco said board would “assess the impact of the investigation on the group from time to time based upon the development of the investigation.”

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About the Author

Marcus Hand

Marcus Hand

Editor

Marcus Hand is the editor of Seatrade Maritime News and a dedicated maritime journalist with over two decades of experience covering the shipping industry in Asia.

Marcus is also an experienced industry commentator and has chaired many conferences and round tables. Before joining Seatrade at the beginning of 2010, Marcus worked for the shipping industry journal Lloyd's List for a decade and before that the Singapore Business Times covering shipping and aviation.

In November 2022, Marcus was announced as a member of the Board of Advisors to the Singapore Journal of Maritime Talent and Technology (SJMTT) to help bring together thought leadership around the key areas of talent and technology.

Marcus is the founder of the Seatrade Maritime Podcast that delivers commentary, opinions and conversations on shipping's most important topics.

Conferences & Webinars

Marcus Hand regularly moderates at international maritime events. Below you’ll find a list of selected past conferences and webinars.

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