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VLCC recovery lifts Cosco Shipping Energy Transportation

State-owned tanker and gas carrier operator has recorded a $38.5m net loss in January-September. But third-quarter deficits were reduced from the previous two quarters, supported by stronger tanker rates

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Shenwan Hongyuan Securities says the company’s performance is in line with analysts’ expectation and expects the fourth quarter results to be better

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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