Cosco shipping (sg)
US port fees, and US$3 billion in costs, loom for owners of Chinese-built ships
Uncertainty over looming Oct 14 port fee deadline unsettles carriers, adding geopolitical risk to global fleet strategies
China’s Cosco warns US levies risk upsetting global shipping
The latest US proposal has been watered down from an earlier version, but keeps pressure on Chinese ship operators and shipbuilders
Shipping profit boom evaporates on US tariffs, Red Sea reopening
Increased levies on Chinese goods will likely reduce container volumes by 1.5 to 2 percentage points in 2025
China’s biggest shipping line added to US military blacklist
COSCO Shipping Holdings, China’s biggest marine transport line, has been blacklisted by the US government for alleged links with the People’s Liberation Army.
Cosco Shipping begins building expanded logistics hub on Jurong Island
When completed, the capacity of the hub will be almost double what it is currently
Cosco Shipping returns to black in FY2023, as H2 net loss narrows significantly
LOGISTICS management service provider Cosco Shipping International (Singapore) on Thursday (Feb 29) recorded a full-year net profit of S$1.9 million, reversing from an S$88.6 million loss a year ago.
Cosco Shipping Int'l to sell 60% stake in Singapore unit for US$42.4m
MAINBOARD-LISTED logistics management service provider Cosco Shipping International on Thursday announced the proposed disposal of a 60 per cent stake in Cosco Shipping Singapore for US$42.4 million i...
Cosco Shipping says it expects to post net profit for FY2023
LOGISTICS management service provider Cosco Shipping International (Singapore) said it expects to report a net profit of approximately S$1.9 million for its financial year ended Dec 31, 2023.
Transportation stocks on the move in 2024
TRANSPORTATION stocks have been on a roll since the price of Brent Crude Oil stayed below US$80 per barrel in November 2023, and are expected to continue the momentum into 2024, said the Singapore Exc...
Cosco to stop booking ships to Israel as Houthi threats grow
CONTAINER shipping giant China Cosco Shipping is to stop delivering goods into Israel because of the threats and attacks that Houthi militants have made against vessels that sail there.
