China Shipping tops 2 million TEUs in first five months

China Shipping tops 2 million TEUs in first five months    China Shipping Container Lines said it handled more than 2 million TEUs in the first five months of the year, a 31.3 percent increase over May 2004.
   During May, China Shipping handled 468,000 containers, a 45.7 percent increase over May 2004.
   China Shipping also said it reduced its fuel costs by $7.85 million by encouraging its ships to navigate at economical speeds.