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COSCO Shipping container vessel sailing near a busy Chinese port, symbolising fleet expansion, global trade scale, and strategic ambitions

COSCO’s $7bn fleet gamble: Power play or overcapacity catalyst?

While the world was distracted, COSCO quietly signed a $7 billion deal for 87 new ships. This colossal move isn’t just about adding vessels; it’s a calculated reconstruction of maritime power—one that could reshape global shipping for a decade