COSCO marks 30 years of U.S. service
China Ocean Shipping Co. marked its 30th anniversary of service to the U.S. with a commemorative event at the Port of Long Beach on Friday.
Chinese Minister of Transport Li Shenlin attended the event. He said an economic stimulus package implemented by China demonstrated the country’s efforts to help combat the global recession, reported the state news service Xinghua. He also said China is encouraging market competition in shipping and the port industry.