Cosco counts on fuel-efficient ships to cut costs, revive profits
Wed, Sep 24, 2014 - 12:00 AM
[BEIJING] China Cosco Holdings Co, the container shipping line that posted three annual operating losses, has said that adding more fuel-efficient vessels will help cut costs enough to revive profits amid a capacity glut.
"The ships need to be filled for the cost savings to be achieved,"...
Register to read this article. Log in if you are already a subscriber.Register to read this article. Log in if you are already a subscriber.Please log in or subscribe to continue reading.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes