Word: cosco
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...Large container ships are also beginning to utilize the sun to help power them across the world's oceans. Cosco, China's biggest shipping company, has inked an agreement with Solar Sailor for giant solar sails to be retrofitted on some of Cosco's tanker ships. The solar wings would be almost 115 ft. long, and Solar Sailor expects the wings to start saving Cosco money after only four years. The Japanese company NYK Line launched the M/V Auriga Leader in 2008, the world's first cargo ship partly run on solar power. With 328 solar panels covering its upper...
...Other European leagues aren't as keen as England on French coaches, but the Gallic touch is finding takers farther afield. Claude Le Roy, who coached Cameroon's 1998 World Cup side, has signed on at Shanghai's Cosco, while Manuel Amoros, who collected 82 caps with les Bleus, has taken the helm at the Tunisian club Sfax. If the foursome at the World Cup draw good performances from their teams, the football factory may find orders for its by-products mirroring the demand for its main export...
...that Yi Susen, an agent for Chinese shipping company COSCO, has doggedly set up shop. "The Americans and Europeans control the big markets," he says, "but we can build our fortunes in Africa." Recently, Yi traveled to the island of Madagascar for a delicate dEmarche: figuring out the right amount of cash needed to convince a recalcitrant port official to allow his ship to load goods. "Very tricky," he says, with a wink. "In Africa, there are no standard rules of business." A Chinese shipping empire is made on one remote isle at a time...
...COSCO INC. Baby-product co. fined over defects. Firestones on the strollers were...
Last year Binn's company made about $220 million worth of deals, many involving major corporations. Among his clients: Rolls-Royce, Uni-royal and Chesebrough-Pond's. One swap involves the Cosco Chemicals Co. of Indianapolis, a division of Kidde, Inc. Cosco is boosting its production of cleansing products by about 20%, trading the cleansers to Binn for $500,000 worth of services including TV and radio advertising time. Binn plans to trade the cleansers to Hilton and Sheraton hotels, receiving in return room spaces plus food and bar credits, which he will offer to other Atwood Richards...
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