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South Korean Shipping Company Relocates Headquarters to Hong Kong
South Korean shipping company Cido Shipping relocated its headquarters to Hong Kong.
The President of Cido Shipping (H.K.) Co. Ltd., Mr Hyuk Kwon, said the company was very excited about this strategic move.
According to Mr Kwon, the decision was made to enable the company to benefit from Hong Kong's leading position as an international shipping hub. He said that the company would have easier access to a variety of professional shipping related services, including ship finance and ship management.
The Head of Transportation at Invest Hong Kong, Mr Benjamin Wong, attended the opening ceremony and welcomed Cido Shipping's headquarters to Hong Kong.
The Hong Kong headquarters will also be responsible for co-ordinating businesses with the company's other operations in the region, including its ship management companies in Tokyo and Seoul. |

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"the decision was made to [invest in Hong Kong] to enable the company to benefit from Hong Kong's leading position as an international shipping hub." | |
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