CIMC runs into rough container weather
China International Marine Containers (Group) Co Ltd (CIMC), the world's largest container producer, said yesterday its main business, dry cargo container manufacturing, has entered into the low season earlier than usual, underscoring that the global economic slowdown is hurting local container demand.
CIMC cuts production, sacking 22,000 workers
China International Marine Containers (Group) Co Ltd (CIMC) suspended its trading on the Shenzhen Stock Exchange on Friday, admitting it had stopped the production of dry vans, used for shipping general cargo, for two months.