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  Shipping company
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06/08/2001
Shanghai Huaneng Group Company will join with Shanghai Shipping (Group) Company to set up Shanghai Times Shipping Co Ltd in Pudong with a registered capital of 50 million yuan (US$6 million). Each shares half of the investment. The new company, with five big freighters, aims to develop the coal transportation business, said Li Kelin, president of Shanghai Shipping Company.

   
       
               
         
               
   
 

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