GENOA, Italy -- Ship-to-shore cranes tower high above choppy waters and colorful containers on the Ligurian coast of northern Italy. Sailors coming in to dock are greeted with a smorgasbord of transportation industry names and logos, from Denmark's Maersk to Taiwan's Evergreen. Harder to spot is COSCO, the jewel of China's maritime business, which owns a 40% stake in the cutting-edge Vado Port System at Vado Ligure.
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Through a joint venture, China's COSCO owns 40% of the cutting-edge Vado Port System, one of its many investments in Europe. (Photo ©︎ Andrea Botto)
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