Cosco Shipping Holdings has posted a profit for the first quarter, reversing from a loss-making position in the year-ago period, thanks to an improved container shipping market and income from investment.

Cosco Corporation (Singapore) Limited has changed its name to Cosco Shipping International (Singapore) Co effective 20 April to reflect the organisational reform of its parent firm, China Cosco Shipping Corporation Limited (Cosco Shipping).

China Cosco Shipping Corporation Limited (Cosco Shipping) and compatriot electronics manufacturer Hisense Co have inked a strategic cooperation on Tuesday.

Cosco Shipping Specialised Carriers has posted a sharp increase in unaudited net profit for the first quarter ended 31 March 2017 due mainly to high returns from equity investments.

Cosco Shipping Heavy Industry has secured RMB30bn ($4.4bn) worth of financing facilities over a three-year period from the Shanghai branch of the Export-Import Bank of China (China EximBank).

The outlook of the tanker shipping segment is expected to be grim in 2017 in an oversupplied market, but the implementation of the ballast water treatment regulation in September would help to remove part of the supply glut, according to Cosco...

Cosco Shipping International (Hong Kong) Co has reported a fall in annual net profit on the back of the downturn in the international shipping industry marked by lingering oversupply.

Cosco Shipping Leasing, wholly-owned by Cosco Shipping Development, has secured loans worth RMB2bn ($289.7m) from China Bohai Bank and Bank of Nanjing.

Cosco Shipping Development Co, has sealed a sale and leaseback deal with a unit of global LNG shipping player Golar LNG (GLNG) to purchase the 160,000 c um 2014-built LNG carrier Golar Crystal with an eventual repurchase option.

Eleven international major carriers have complied with Chinese authorities’ request to lower terminal handling charges so as to reflect the present market conditions, and potentially allow the import and export enterprises to save around RMB3.5bn ...