Independent journal on economy and transport policy
11:50 GMT+2
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COSCO Shipping previews to clearly close the first semester of 2017 with a result of positive sign
In the first six months of this year the transported containerized volumes from the fleet of the group have grown of +34.72%
July 7, 2017
Shipowning group Chinese COSCO Shipping Holdings Co. respect to a net loss of -7,21 billion yuan recorded in the first semester of 2016 previews to close the first half of this year with a profit of about clearly 1,85 billion yuan (272 million dollars).
COSCO Shipping has explained that in the first six months of the 2017 market of the marine transport of container an light recovery has shown and that the group has benefitted of the improvement of the market and the realization of synergies. Moreover the hires have marked a rise and containerized cargo volumes the transported from the fleet of the group are increased of +34.72% regarding the first half of 2016, period in which the ships of the COSCO Shipping had transported beyond 7,4 million container teu.
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Shipowning group Chinese COSCO Shipping Holdings Co. respect to a net loss of -7,21 billion yuan recorded in the first semester of 2016 previews to close the first half of this year with a profit of about clearly 1,85 billion yuan (272 million dollars).
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
