China Creates Pacific Shipping Giant With Cosco's Orient Takeover
![China Creates Pacific Shipping Giant With Cosco's Orient Takeover China Creates Pacific Shipping Giant With Cosco's Orient Takeover](https://5ux.com/sites/5ux.com/files/styles/medium_250/public/resize/remote/c7476c3e22d88f638a79ad343b4d3e3a-500x243.jpg?itok=C188PSZO)
The Baltic Dry Index has retraced most of its 55% surge from March, yet the mild recovery in shipping fees since early last year appears to have revived appetite for a renewed wave of consolidation in the shipping space.