Greater China

Baosteel’s jv aims for 14 ships by 2015

Hong Kong: Treasure Gold Enterprise, jointly established by mainland steel plant Baosteel and Hong Kong-based Gold Peak 20 years ago, is targeting a fleet of 14 ships by 2015.

The jv fleet ships iron ore and coal. Its current fleet stands at eight vessels and last year Treasure Gold shifted 130m tonnes of cargo.  [10/07/12]

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