Shaking up is hard to do

March 31, 2017 Michael Grinter 0

Cosco Shipping Holdings, the liner unit that was born out of the merger of Cosco and China Shipping last year, has announced a net loss for 2016 of Rmb9.91bn (US$1.4bn) as it continued to struggle […]

Singamas boxes take a battering

March 31, 2017 Michael Grinter 0

Hong Kong-listed box-maker and logistics provider Singamas Container Holdings stacked up losses in 2016. A combination of what the company described as “economic doldrums” and the one-off impact of the Tianjin explosion incident conspired to […]

Profits fall out of the box at CIMC

March 29, 2017 Michael Grinter 0

The only fly in the ointment of China Merchants Holdings annual results this year (increased profits of HK$5.494bn) was the fortunes of its box making subsidiary China International Marine Containers. The company managed to remain […]