China Shipping expands footprint in South America

Shanghai: China Shipping, has set up a wholly-owned subsidiary, China Shipping (South America) Holding, in Sao Paulo, Brazil, which will become the investment, planning, management and service center of China Shipping in South America.
The new company will be engaged in investment and management of shipping, ship agency, freight forwarding, and logistics.
The establishment of the South America company will expand the company’s business in the region and improve risk control in South America, the company said. [05/11/13]

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