COSCO Shipping to Fund New Container Ships with $2 Billion Share Sale

Posted on 11/01/2017


COSCO Shipping Holdings Co., Ltd. has announced a 12.9 billion RMB (US$ 2 billion) share sale to build 20 new container ships, six of which will be able to carry 21,000 twenty-food containers, after recording a profit of 2.7 billion RMB for the first nine months of 2017, up from a loss of 9.2 billion […]

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