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COSCO LEASES THREE REEFER CONTAINERSHIPS

COSCO LEASES THREE REEFER CONTAINERSHIPS

   China Ocean Shipping Co. has chartered three new 400-TEU fully-cellular reefer container vessels for use in its Green Express liner service between China and Japan.

   COSCO said that the leasing agreement was a result of the group’s “strategic policy of moving from shipowning to shipleasing.”