Strong container market leads Cosco to believe in "marked growth" this year
Strong increases in volumes and freight rates boosted earnings and kept state-owned Chinese container line Cosco busy in the first quarter of the year. Routes on the Pacific particularly drive growth.
by JENS THOMSEN
State-owned Chinese container line Cosco, the fourth largest in the world, saw a significant improvement in the first quarter of the year with marked increases in volumes on all the company's routes.
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