Singamas’ revenue significantly declines, company focuses on leasing
NewsThe decline in revenue and average selling price was attributed to a slump in demand for dry freight containers in the wake of overproduction in 2021.
China Shipping Group formally opened its new dry freight container manufacturing facility in Lianyungang on August 16th, marking the company’s entry into the box building market (see WorldCargo News March 2005, p1).
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