SILKRAILS.WORDPRESS.COM (GCTL8.com – FOCUSASIA MEDIA Ltd)Cosco Shipping Greece03

LONG BEACH, Jun 19 (FAM) – China Cosco Shipping Corp., the world’s fourth largest shipping line, is diverting its cargo away from the Port of Los Angeles to its competitor in Long Beach because of more lax environmental rules at its terminal there, the chief of the LA port said Thursday.

The Chinese company, one of the most important players in the twin port complex, “made a strategic decision to move cargo away from our Berth 100 Port of Los Angeles to their terminal in Long Beach because they have less stringent mitigation measures at that facility,” Gene Seroka told the Los Angeles Board of Harbour Commissioners.

 

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