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Baosteel orders new cargo ships from China Shipping Group


Tags: China , Baosteel , raw mat , Far East , shipbuilding , investments | similar articles »

Within the framework of a strategic cooperation agreement signed by major Chinese steel producer Baosteel Corporation and China Shipping Group, China Shipping Group is to supply four cargo ships of 230,000 dwt each and three cargo ships of 300,000 mt each to Baosteel Corporation. The vessels in question will be used to ship imports of raw materials and fuels.
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