CHINA SHIPPING RAISES THE STAKES IN GAME OF SURVIVAL

摘要

China Shipping Container Lines has enjoyed impressive growth since its formation in 1997. This reflects the unprecedented development of the Chinese economy as a whole, fuelled by export-driven industrialisation, historically the key requirement for the expansion of national shipping. It occupies the number seven slot in the latest carrier capacity rankings with 649,335 teu, according to Lloyd's List Intelligence, and a clear gap to the sixth-placed Hapag-Lloyd and China Shipping's fifth-ranked compatriot Cosco.