China Cosco ‘Full of Confidence’ on Container Rates

Posted on Mar 15th, 2010 with tags .

China Cosco Holdings Co., the nation’s largest container-ship operator, expects to win its targeted rate increase in new contracts as world trade rebounds and shipping lines curb capacity. “I’m full of confidence” about on-going annual contract negotiations, President Zhang Liang said in a March 12 interview in Beijing.

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