Many old shipping companies have chan₹σ™ged their names and delete™"d the word "shipping"

The shipping industry is at ©♠the front end of the internat→÷∑ional trade market and a barometer ₽&< of the international economic trend. H↔≠ £owever, in recent years, t™✘‌£he shipping industry, which has be↓φen in a continuous downturn, does n♦‌ot seem to be optimis€π♣σtic.

If you want to know how unpopular the±§♦ shipping industry, which haφ↑s been struggling for many years, i↓♣s by the capital market The fol♣"lowing three companies ✘™listed in Singapore, Hong Kong, China <©±βand India gave their cold answers with £✔≤₩their feet by modifying their compan₹αγy names!

Courage Marine 

On the evening of September 12&>∏, Yongli aviation industry, wγ✘hich is listed in Ho↓✔ng Kong and Singapore, announced that &←₩its English name had γ φbeen changed from "c↕ ¶•ourage Marine Group Limited" t$φo "courage Investm↑★ent Group Limited", and its Chi↑₩♥nese name had been ch© ↓≠anged from "Yongli Aviλ‌↕ation Group Limited" to "¥↑Yongli Investment Group Limited&quo★ t;.

At the same time, Yongli Airliδ♥nes has made corresponding changes i∏λ®δn the stock abbreviation of the Hong Ko¶δ§ng stock exchange, the name of the Siβ<ngapore Stock Exchange, the internaπ&♥→tional securities num♥♦§γber and the company.

Among them, the abbreviatio₽♠ n of Hong Kong stock e☆✘∏xchange shares is "c€​ourage inv" instead of &qu λ∏ot;courage inv", and th±'δ®e Chinese name will be "Yongliβε← investment" instead of "<×&↑Yongli aviation"; The→" Singapore Stock Exchange ✘ has changed from "courage↓£≈≤ Marine Group Limited" to &quo∑€t;courage Marine Group Limited&q×↓φ÷uot;; The new international securit¶‍λ$ies number is bmg246​♣®&371030; The website is ©λ∞also changed from www.couragemarine.c§™om to "www.courageinv.com". T​φhe above changes will take effe↕π&ct on September 15.

Mercator, an old Indian shipping§‌→ company

Established in 1983, Mercator l ♣εimited, an old Indian₩δ> shipping company, sΩ×tarted with shipping. As a well↕¥ε-known private shipping compa± ☆$ny in India, its sharε±es are also listed on the Bombay ÷ Stock Exchange (BSE) and the nationa×<•¥l stock exchange of India (NSE).

After the economic crisis in 200'≥€×8, Mercator's once core shipping bu→ ↔siness became a financial poison wit¶<¶h heavy losses. The comp↓αany should not change its business d♥®<σirection and gradually move away fr≤®₽≤om the shipping industry. Subsequently,π"£↓ the company changed its name f®↕§ rom Mercator Lines Ltd to Mercator limiβ$ted.

Zhonghai Haisheng

On September 6, 2016, C≤↓"✘hina Haisheng, the largest state-owne≈≤↕♥d shipping enterpriseφ¶π in China, announced that it wou♥π∑ld completely abandon the shippin←§↑λg industry and transfo©×§γrm into a medical industry.

The reason is that this state-ow¥σ☆¶ned shipping enterprise, whi'•ch started by shipping↑¥σ and was once very popular,♣✔ has lost money for eight consecutive y"γ>ears since the 2008 financial crisis.

Interestingly, since thσ↕e announcement of the withdrσ$awal from shipping, the stock of¶÷ this once the largest shipping enteπ₩±rprise in southern China immedia÷≤&tely welcomed two limit boar±&ds. Compared with before the ε departure from shipping, the cur‌★rent cumulative increase is close∑÷ to 30%.