New World First Ferry Services runs five inner harbour and outlying island ferry routes in Hong Kong. Photo: SCMP
New World First Ferry Services runs five inner harbour and outlying island ferry routes in Hong Kong. Photo: SCMP

Hong Kong’s New World First Ferry Services to be acquired by Chu Kong Shipping Enterprises

  • Cargo transport firm Chu Kong Shipping Enterprises pays HK$232.8 million (US$30 million) for a 60 per cent stake in New World First Ferry Services
  • Existing owner NWS Holdings will control the remaining 40 per cent stake

New World First Ferry Services runs five inner harbour and outlying island ferry routes in Hong Kong. Photo: SCMP
New World First Ferry Services runs five inner harbour and outlying island ferry routes in Hong Kong. Photo: SCMP
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