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China’s COSCO overtakes Maersk as top container shipper in third quarter: Alphaliner

From Reuters:

China’s COSCO Shipping took the top spot in the number of container liftings in the third quarter, overtaking Denmark’s Maersk Line for the first time, data from shipping consultancy Alphaliner showed.

China’s government is pushing to raise the country’s profile in global shipping and last year merged two state-owned firms to form COSCO Shipping, aiming to challenge the dominance of top players Maersk Line and Switzerland’s MSC.

Read the rest at Reuters

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