COSCO: China's shipping giant expands its global influence | Hellenic Shipping News Worldwide

The world’s leading shippers all stopped deliveries to and from Russia after its invasion of Ukraine — with one crucial exception. That, according to the London-based data analytics company GlobalData, was the industry’s fourth-biggest player, China COSCO Shipping Corporation Ltd. The Shanghai-headquartered group’s continued transport of Russian crude oil to China provided “economic succor for ...

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