China Merchant buys container line from Sinotrans

After acquiring the dry bulk and tanker activities of Sinotrans Shipping, China Merchant Energy Shipping now also buys Sinotrans' container business.
Photo: Yu Fangping/AP/Ritzau Scanpix
Photo: Yu Fangping/AP/Ritzau Scanpix

China Merchant Energy Shipping has agreed to take over Sinotrans Container Lines, which is owned by China Merchants Group, according to a stock exchange notice

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