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You are here: Home Archive 2005 Mar 17 China Shipping to take 39 steps towards top three berth by 2010

China Shipping to take 39 steps towards top three berth by 2010

by Obsidian last modified Mar 17, 2005 12:00 AM

China's No. 2 line, China Shipping, has outlined an aggressive expansion plan.

Li Kelin, president of the group, told Reuters that his company would add a total of 39 ships worth Yuan8bn (US$966m) in its ambitious bid to become one of the top three fleets in the world by 2010.

Six tankers,...

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