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Cosco's liner company to expand fleet for USD 5bn

Chinese Cosco plans to greatly expand its fleet ahead of 2025 for nearly USD 5bn, reports Japanese media. Many of the planned newbuilds will reportedly be capable of sailing on methanol.

Photo: Yu Fangping/AP/Ritzau Scanpix

by DANIEL LOGAN

The world’s fourth-largest container line, Chinese Cosco Shipping Holdings, means to grow markedly.

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