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Greeks have been in shipping for 2500 years or so because island hopping is something they learned to do early.

And the Chinese government seems to know a thing or two about shipping. They're smart enough to realize there is money in shipping and they are agressively pursuing this.

COSCO interested to buy stake in Greek port By Dai Yan (China Daily)
Updated: 2006-02-09 05:37 [excerpt]

China shipping giant China Ocean Shipping (Group) Company (COSCO) is in talks to own part of a major Greek port giving it increased access to European markets.
Company officials said COSCO Hellas, the firm's subsidiary in Greece, is interested in taking part in possible plans to buy shares in the Piraeus Port Authority (PPA).