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China COSCO group retires chairman amid shipping industry slump
China's largest shipping group, China Ocean Shipping (Group) Co (COSCO Group) has replaced its chairman in what appears to be a bid to boost profitability amid a downturn in the global shipping industry.
Read Full Article: http://www.ajot.com/news/china-cosco-group-retires-chairman-amid-shipping-industry-slump
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