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2012 December 20   10:17

CSCL sells off more containers

China Shipping Container Lines (CSCL) has announced it has reached an agreement with an unnamed third party to sell containers at a value of approximately US$117m, SinoShip News reports.

It is the second transaction from the company in the last month selling containers, in order to increase working capital.

According to the announcement CSCL will leaseback the containers.

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