LONDON: China Ocean Shipping (Group) Co, the country's biggest shipping company, said it will buy twice as many oil tankers and container vessels to carry materials and meet a government goal of doubling economic output by 2010.
The company aims to have the capacity to ship 800,000 20-foot containers by the end of 2010, from 310,000 boxes as at Sept 30, said chief executive Wei Jiafu.
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