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cosco

Cosco Shipping Ports Q3 volume up 17%

By Jite Eriabie Cosco Shipping Ports saw third quarter throughput rise 16.6% to 23.10m teu from 19.81m teu in the previous corresponding period. The group said in a...

Cosco shipping

Cosco Shipping shuts two subsidiaries 

By Jite Eriabie  Cosco Shipping International (Singapore) has applied to the Accounting and Corporate Regulatory Authority of Singapore (ACRA) to remove its two...

cosco

COSCO Shipping posts $288m half-year profit

By Jite Eriabie  China’s COSCO Shipping Holdings Co Ltd reported a first-half profit on Wednesday and forecast that improved demand in the container shipping market...

COSCO_Shipping

COSCO Shipping to buy OOCL for $6.3bn 

COSCO Shipping Holdings Co Ltd has offered to buy Orient Overseas International Ltd (OOIL) for HK$49.23 billion ($6.30 billion), in a deal that will see the mainland...

cosco

COSCO Shipping expects first-half profit on improving market

China’s COSCO Shipping Holdings expects to post a profit of around 1.85 billion yuan ($272 million) in the first half, helped by an improving shipping market. The...

China's COSCO secures $26bn financing pledge

COSCO Shipping shuts down another dormant business

COSCO Shipping International (Singapore) has decided to formally dismiss of Cos Lucky Shipping Maritime, one of the group’s dormant subsidiaries. Namely, the company...

Cosco Shipping

Cosco Shipping Ports April volumes spike 10% 

While rising from a relatively low base, the container port industry seemed to spike in April with overall volumes at Cosco Shipping Ports rising 10.1% to 8.67m teu from...

cosco

COSCO Shipping shuts down dormant businesses

COSCO Shipping International (Singapore) has decided to strike off and formally dismiss two of its dormant subsidiaries, Cos Fair Shipping and Cos Glory Shipping....

COSCO Shipping to sell stake in shipyard assets

COSCO Shipping to sell stake in shipyard assets

COSCO Shipping International (Singapore) has decided to sell equity interest in its shipyard assets for a price of CNY 1.46 billion (USD 211.5 million) to COSCO...

Cosco shipping

COSCO SHIPPING Holdings posts $39m profit in Q1

COSCO SHIPPING Holdings Co., Ltd. had a net profit attributable to equity holders of 270 million yuan (U.S. $39 million) for the first quarter of 2017, or 91 million...

Cosco shipping

Cosco Shipping Ports’ profit down as volumes rise

China-based Cosco Shipping Ports Limited has seen its profit from continuing operation for the three months ended March 31, 2017 reach USD 45.2 million, slightly down...

cosco

Cosco Shipping Ports’ profit down as volumes rise

China-based Cosco Shipping Ports Limited has seen its profit from continuing operation for the three months ended March 31, 2017 reach USD 45.2 million, slightly down...