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COSCO Shipping’s

EC approves COSCO Shipping’s purchase of OOIL

Without conditions, it is learnt that the European Commission (EC) has approved COSCO Shipping’s purchase of Orient Overseas Container Lines’ (OOCL) parent company, Orient Overseas International Ltd (OOIL). On the Northern Europe to North America trade routes, although the deal would have “very significant” effects between COSCO and OOCL the EC concluded it led to […]

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