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    • Archive for July 12th, 2010

    China Business – COSCO acquires rights to Athens port

    Monday, July 12th, 2010

    Vehicles for export sit parked at Piraeus port near Athens, Greece in February 17, 2010. [Agencies] Despite financial turmoil surrounding Greece, COSCO Pacific, a port operator subsidiary of China’s State-owned shipping giant China Ocean Shipping (Group) Co (COSCO), has signed a $4.2 billion deal to take over management of an Athens container port. COSCO signed [...]