Cosco sets up tanker unit in Hainan to support national strategy
Tanker subsidiary under Cosco Shipping Energy Transportation will run nine vessels, including four very large crude carriers, to be registered in Yangpu port. Vessels registered in Yangpu will be entitled to export tax rebates
CSET says the arrangement is an important step for the company in implementing the national maritime strategy to turn Hainan into a large free trade port
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