Subscribe to RSS feedLNG tie-up confirmed
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Obsidian
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last modified
Mar 19, 2009 12:00 AM
China Shipping Develop-ment's (CSD) share price surged last week, as it confirmed a liquefied natural gas joint venture with PetroChina and announced the signing of several major bulk shipping contracts.
The tanker and bulk carrier said it would set up an LNG joint venture with a subsidiary of PetroChina to expand the scope of its business.
The company also said it had secured domestic coastal bulk cargo contracts of...
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