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26 November 2014 The on-line newspaper devoted to the world of transports 11:01 GMT+1



SEPTEMBER 24, 1997

COSCO TO RESTRUCTURE FLEET OPERATIONS

Cosco is to rationalise its four main shipping businesses by placing each of them in one strategic location, according to chairman Chen Zhongbiao. Beijing-based China Container Co will be merged with Shanghai Cosco and the new company will be based in Shanghai to handle the container business. By the end of this year, the group will have a fleet of 152 container-ships ......
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