Cosco's annual ocean volume surpasses 400 million tons
By the end of December, Cosco Group's cumulative ocean cargo volume in 2007 reached a record of 400.28 million tons, which is also the largest annual cargo volume among Chinese carriers, Xinhua reported.
Xinhua's report said Cosco's productivity kept rising last year. In July, the group became one of the world's Fortune 500 companies. In August, its fleet capacity exceeded 50 million tons. In November, its core business revenue surpassed CNY100 billion (US$14 billion).
Xinhua's report said Cosco's productivity kept rising last year. In July, the group became one of the world's Fortune 500 companies. In August, its fleet capacity exceeded 50 million tons. In November, its core business revenue surpassed CNY100 billion (US$14 billion).