Cosco closes three offshore yards

Major Chinese shipping group Cosco is cutting its number of offshore yards down from five to two, write several media.
Photo: AP/Polfoto/Arkiv
Photo: AP/Polfoto/Arkiv

As part of a restructuring of its yards under the company Cosco Shipping Heavy Industry Co, China's Cosco has decided to close down several yards specializing in offshore.

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