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COSCO REPORTS 12% INCREASE IN GROUP CARGO VOLUME

COSCO REPORTS 12% INCREASE IN GROUP CARGO VOLUME

   The China Ocean Shipping Co. group said its seaborne trade volume jumped 12.1 percent in the first half of the year.

   Total volume handled by the group was 85 million tons in the first six months of 2001.

   COSCO did not provide a breakdown between the different types of cargoes it carried.