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Cosco Shipping plans IPO for vessel-making arm to fund expansion

China Cosco Shipping plans to list its vessel-making arm to fund expansion, supporting its broader maritime operations including ports, logistics, container leasing and marine engineering.

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China Cosco Shipping plans to list its vessel-making arm to fund expansion. The move would support its broad shipping empire spanning ports, logistics, container leasing, marine engineering and more, and further reinforce China’s dominance.