Independent journal on economy and transport policy
19:33 GMT+2
Cosco and Sinotrans to merge
(Sched Net)
July 8, 1998
COSCO, China's state-owned shipping company, has agreed to merge with Sinotrans according to a high-level shipping executive based in Tokyo.
The decision to combine the two transport giants was made in line with the national government's decision to rationalise state companies and build up large conglomerates in China the shipping executive said.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher