A "slow and steady recovery from the tough market conditions that characterised 2016" helped bring Orient Overseas (International), the parent group of Hong Kong-based Orient Overseas Container Line (OOCL) back to a $53.6m profit from a $56.7m net...
Just when it seemed it was a case of plain sailing for Cosco Shipping’s plans to further develop Greece’s Piraeus as Asia’s gateway to much of southern Europe a new hurdle has emerged.
One of the final hurdles slowing Cosco-management’s plan to speed-up development of Greece’s Piraeus port into a major European gateway for Asian trade is set to be removed within the coming weeks.