Marine Money flew to Qingdao to attend COSCO’s World Shipping Summit last week. We found the speech delivered by China’s Minister of Transport, Li Shenglin, sprinkled with useful facts on China’s burgeoning maritime industry.
- China is emerging as a key maritime nation after 60 years of rapid development. China’s fleet is ranked 4th in the world, with 184,000 vessels of all types or an equivalent of 124 million DWT.
This is only an excerpt of Direct From Qingdao
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Tags: · China Shipping Group, COSCO, HOSCO, North China Shipping
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