Seatrade Maritime is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

COSCO bets wrong way on FFAs, loses 4bn yuan

COSCO bets wrong way on FFAs, loses 4bn yuan

Hong Kong: China COSCO Holdings was up 0.02 yuan at 8.80 in Shanghai yesterday. The stock tumbled 5.18% on Wednesday after booking a loss of 3.95bn yuan from forward freight agreements signed earlier this year. The company has said the outlook for the final quarter of this year was "very tough". [18/12/08]

Hide comments
account-default-image

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish

SMN_Podcast_Leaderboard.jpg