Washington hopes the sanctions on two offshoot of Chinese state conglomerate set an example to the shipping industry, according to the State Department
US says Cosco sanctions prove no one is “too big to fail” Read More »
The Chinese central government has initiated transfers of state capital to pension reserves amid an aging population
China’s Social Security Fund takes 10% in Cosco Shipping Read More »
Hong Kong-listed bulker player will use the money for fleet expansion, renewal and general corporate purposes
Pacific Basin plans $175m bond sales Read More »
Box players also tend to begin preparation for emission rules earlier than those in the tanker and dry bulk sectors
Container sector most confident in IMO’s decarbonisation, survey finds Read More »
The Chinese state conglomerate’s container unit sees flattish profits in the same period
Cosco’s tanker arm reports strong third-quarter results Read More »