Cosco Shipping Energy Transportation (CSET) has warned that it expects to turn to a net loss of between RMB235m ($34.5m) to RMB305m in the first half from a profit of RMB865m in the first six months of 2017.

Caracas: Venezuelan port operator Bolivariana de Puertos (Bolipuertos) S.A has made an extensive equipment order from Cargotec’s Kalmar, indicative of a large expansion of operations at its Puerto Cabello and La Guaira areas.