Australian line Great Southern Shipping (GSS) Australia filed for insolvency on 23 December 2016, and its creditors will meet in Sydney on 9 January for an update on the companys liquidation.
Great Southern Shipping launched an ambitious and ill-fated joint venture with Chinese company Rizhao Port Group in May, forming GSS Australia. The intention was to buy five container ships and focus on Australias trade with Rizhao in Shandong province, northern China.
Along the line, GSS pl…
Read the full article at: https://logisticsmagazine.com.au/great-southern-shipping-in-liquidation/