The provided text is an excerpt from a news article about Chinese state-owned shipping companies planning to increase their shipping capacity by adding hundreds of vessels to their fleets. The specific HTML code that you provided is related to the loading process of the article and the display of paywall content, which is not relevant to the main topic of the article.The provided text is an excerpt from a news article about Chinese state-owned shipping companies planning to increase their shipping capacity by adding hundreds of vessels to their fleets. The specific HTML code that you provided is related to the loading process of the article and the display of paywall content, which is not relevant to the main topic of the article.
A container ship prepares for a sea trial at the Cosco Shipping terminal in Nantong, Jiangsu province, on January 9. Photo: VCG
Three state-owned giants are planning to significantly increase their shipping capacity, with two of them adding around 100 ships to their fleets, multiple sources told Caixin.
China Cosco Shipping Corp. Ltd. is moving ahead with a plan to add about 100 vessels, including large bulk carriers, tankers and multi-purpose general cargo ships, the sources said. China Merchants Group Ltd. (CMG) has a similar plan for about 100 vessels for its shipping division, while the shipping arm of CHN Energy Investment Group Co. Ltd. is mainly looking to expand its bulk carrier fleet.
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