Singapore-listed COSCO Corp (Singapore) Ltd said that its subsidiary, COSCO (Nantong) Shipyard, delivered a new oil rig to Norway-based Sevan Marine ASA on Monday, sources reported.COSCO Corp (Singapore) said in a filing with the Singapore Exchange that the new rig, under the name of Sevan Driller,...
China COSCO Holdings Co Ltd<601919><1919>, the fifth-largest container terminal operator in the world, is likely to post loss for 2009 after reporting RMB 5.31 billion in net loss during the first three quarters of this year, said the company in a statement on Thursday.The loss mainly resulted from the weak demand...
China COSCO Holdings Co Ltd<601919><1919> on Oct. 30 announced that its losses amounted to RMB 690 million in the third quarter of this year, bringing total losses for the first three quarters of this year to RMB 5.31 billion, sources reported.Ming Dong, general manager of Investor Relations for China COSCO,...
Swiss investment bank UBS AG has cut its shareholding in China COSCO Holdings Co Ltd<601919><1919> to 6.95% from the previous 7.17%, according to the bourse operator Hong Kong Exchanges and Clearing (HKEx)<0388>.HKEx said UBS sold 5.48 million H-shares in China COSCO for HK44.36 million on May 20....
The Shanghai branch of Bank of China (BOC)<601988><3988> was recently authorized to grant US$2.93 billion in loans to COSCO Container Lines Co Ltd (COSCON), one of the world's leading providers of container shipping services, during the next three years, the official Xinhua News reported on Monday....
Aluminum Corp of China Ltd (Chalco)<601600><2600><ACH>, the nation's largest aluminum producer, yesterday in Beijing signed a strategic cooperation agreement with China Ocean Shipping Co (COSCO Group), the country's largest shipping and logistics service provider, the official Xinhua News reported....
SHANGHAI, April 28 - China's COSCO Group, the world's largest dry bulk ship operator, aims to list its tanker shipping operations separately although it has no timetable for a spin-off, a top executive of the...
China COSCO Holdings Co Ltd<601919><1919>, the country's leading international shipping carrier, has announced that it is in talks with ship manufacturers to postpone or cancel some ship orders due to the gloomy shipping market. The company may cancel orders for 120 ships, of which 75% are for dry bulk...
BOAO, China, April 17 - Business is looking up for China's COSCO Group, the world's largest dry bulk ship operator, as a recovering Chinese economy helps boost trade and international freight prices, its chief executive...
Dec. 24, 2008 (China Knowledge) - China COSCO Co Ltd (COSCO)<601919><1919>, the largest dry-bulk ship operator in the world, plans to issue up to RMB 10 billion medium-term notes on the interbank market, sources reported....