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COSCO Diverts Ships for Domestic Use

Maritime Activity Reports, Inc.

February 5, 2008

COSCO Holdings Co has reportedly diverted ships for domestic coal transportation, according to a Reuters report. COSCO Holdings said on its website that it had shifted the vessels from its international fleet, and was using 34 vessels to transport coal along China's coast. They had shipped about 3 million tons of coal from the northern producing areas to the south.

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