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Day: March 1, 2010

World’s fastest container ships mothballed

As trade growth accelerated following China’s accession to the World Trade Organisation, container lines sold their services on their speed, arguing that the faster service allowed customers to hold fewer Chinese toys and...

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Hanjin Shipping targets 27% sales jump

Hanjin Shipping Co., South Korea’s largest container-shipping line, expects to post a profit this year and boost sales 27 percent as world trade picks up and shipping lines pare fleet expansion plans. “The gap between demand and...

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