Monday, October 21, 2013

Shipping duopoly faces shake-up with new zone





Major mainland shipping lines that now dominate the domestic container business are set to face competition from smaller rivals following the establishment of the Shanghai free-trade zone, which allows foreign-registered vessels owned by Chinese shipping lines to carry seaborne goods between Shanghai and the other ports along the mainland coast.









via Business feed http://www.scmp.com/business/companies/article/1336236/shipping-duopoly-faces-shake-new-zone

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