Talk of Cosco bid for OOCL returns

June 22, 2017 Michael Grinter 0

After a six-month remission the market is once again abuzz with talk that Cosco Shipping is out to swallow up Hong Kong’s iconic liner company Orient Overseas Container Line, reportedly for around US$4bn. In January […]

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 […]

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China Cosco growing pains

August 26, 2016 Michael Grinter 0

The restructuring of Hong Kong listed China Cosco Holdings earlier this year will be cited as one of the reasons for its poor interim results released today. The Group has recorded a massive net loss […]

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