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China's COSCO is forging ahead with a plan to build a European transhipment hub, reports Reuters. The state owned shipping giant is expected to make an offer for
Vessels calling ports in China’s Yangtze River Delta, including Shanghai, will be required to burn low sulphur fuel while at berth from April 1 this year.
China's COSCO already the sole bidder for Greece's Piraeus Port. Buying both would give COSCO a European transhipment hub.
China's COSCO is expected to make