Sinotrans nominee joins Interbulk board

INTERBULK, the Aim-quoted chemicals transportation company in which engineering tycoon Jim McColl holds a stake, has appointed a new Chinese executive director.

Hu Song was nominated by Sinotrans, the Chinese chemicals giant, which took a 35.3 per cent stake in Interbulk in May.

Koert van Wissen, chief executive of InterBulk, said: "This appointment reconfirms Sinotrans' stated commitment to ensure its network and businesses are fully engaged to support InterBulk's developments in China and in the rest of the world."

Hu added: "I am very excited about the prospect of working with my fellow board members in further developing the business and, in particular, the significant opportunities which exist within China for innovative logistics solutions."