How China could dominate the global shipping scene

How China could dominate the global shipping scene

Two announcements already this year have the container industry abuzz, and one could be a game-changer. OOCL may be for sale, with pundits citing Cosco, Evergreen, China Merchants, and CMA CGM as possible buyers. But China’s announcement that it will invest $26 billion in Cosco over the next five years is the true game-changer.

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