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Transfar Shipping a ‘spearhead’ in Alibaba’s logistics ambition

The emerging carrier backed by the Chinese e-commerce giant has been actively expanding capacity, including the recent acquisition of three feeders

Transfar Shipping’s foray into the shipowning arena is seen by some as a risky move amid a possible correction in freight rates. But short-term volatility is not seen as a big concern for the container shipping entrant, which was established to serve a long-term goal, says its chief operating officer

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