OOCL: Reports Revenue Plunges by 63% in Q2
According to sources OOCL, a subsidiary of COSCO, revealed a staggering 63% year-on-year drop in its second-quarter…
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Cosco
CMA CGM to invest in two terminals in Spain
French shipping line CMA CGM has confirmed its plans to acquire minority shares in two container terminals in…
US Banks downgrade stock value of COSCO Shipholding and OOIL
US Banks JP Morgan and Morgan Stanley Issue Divergent Forecasts for COSCO Shipholding and OOIL Amidst Market…
HHLA and Cosco Shipping Ports Finalize Minority Shareholding in Container Terminal…
Hamburg, Germany - Hamburger Hafen und Logistik AG (HHLA) and Cosco Shipping Ports have successfully concluded the…
Shipping container lines readjust their business profiles
The post-pandemic causes shipping container lines to readjust their business profiles, says the maritime transport…
COSCO Group reports sharp drop in revenue
Revenue from COSCO Group's container shipping activities falls RMB 45.7 billion in Q1 2023, Alphaliner reports.
Alphaliner: COSCO reports 75% Drop in Q1 2023 Profits
COSCO Shipping reports operating profits down 75% in the first quarter of 2023 on lower freight rates, reports…
COSCO Group acquires shares in its container business COSCO Shipholding
COSCO Shipping Corporation has acquired another 0.72% stake in Hong Kong-listed COSCO Shipholding, bringing its…
Throughput Drops for COSCO Shipping Ports Seaports
Shanghai-based terminal group COSCO Shipping Ports posted a 2.2% decline in throughput for 2022 after a significant…
COSCO Buys Stake in Food Logistics Specialist
Chinese carrier COSCO Shipholding will acquire a 5.8% stake in COFCO Fortune, a food processing and logistics unit…