China Shipping to snap up distressed yards and ports
- Monday 05 March 2012, 10:44
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- Containers
- Back to Lloyd's List Containers
STATE-owned giant China Shipping Group is looking at opportunities to buy shipbuilders and port operators to expand its vertical operations, seeking bargains during the industry downturn.CSG, which owns logistics firms in major Chinese ports and a yard in Yangzhou, has assembled a team to...
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