The Business Times

Cosco shipping (sg)

Global Enterprise

US port fees, and US$3 billion in costs, loom for owners of Chinese-built ships

Cosco Shipping Corporation’s response marked the first reaction by the Asian nation’s maritime sector, after the US put forward a plan last week to impose fees on Chinese-built and -owned ships.
Global Enterprise

China’s Cosco warns US levies risk upsetting global shipping

The reopening of Red Sea routes – expected at some point in the course of the year – could reduce container shipping demand by around 6 per cent.
Global Enterprise

Shipping profit boom evaporates on US tariffs, Red Sea reopening

Cosco was sanctioned in 2019 for hauling Iranian oil, with those penalties lifted in 2020.
Companies & Markets

China’s biggest shipping line added to US military blacklist

The second phase of Cosco Shipping's logistics hub aims to address the growing demand for specialised logistics services serving the petrochemical and chemical sectors in Jurong Island, which houses Singapore’s major petrochemical hub.
Companies & Markets

Cosco Shipping begins building expanded logistics hub on Jurong Island

The board did not propose a dividend this year, just as was the case in FY22.
Companies & Markets

Cosco Shipping returns to black in FY2023, as H2 net loss narrows significantly

Cosco Shipping Int'l to sell 60% stake in Singapore unit for US$42.4m
Companies & Markets

Cosco Shipping Int'l to sell 60% stake in Singapore unit for US$42.4m

Cosco's FY2022 results were affected by a non-cash impairment of goodwill from its acquisition of Cogent Holdings.
Companies & Markets

Cosco Shipping says it expects to post net profit for FY2023

COSCO SHIPPING has the best YTD total returns for 2024 among transportation stocks on the Singapore Exchange.
Companies & Markets

Transportation stocks on the move in 2024

No Cosco vessels appear to have been attacked in the southern Red Sea.
Transport & Logistics

Cosco to stop booking ships to Israel as Houthi threats grow

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