Subscribe to RSS feedCosco chief dates dry bulk recovery
The head of Chinese shipping giant Cosco Group says the dry bulk market will recover by the second half of 2009, but remains less confident about containership prospects, partly because of the US protectionist trade stance.
Cosco president and chief executive Wei Jiafu has urged the US to resume buying Chinese goods again to revive global trade.
He said he had successfully recommended last month that the Chinese government boost procurements in Europe, in a...
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