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Asia Pacific Containers Ports and Logistics

Box volume recovery may not last, says Cosco ports chief

Company chairman Feng Boming says cargo being shipped now was ordered before the virus outbreak and will drain in May. He urges shipping companies to find quick and effective solutions, including cost reduction, to tackle the possible shrink in revenue

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Hong Kong-listed Cosco Shipping Ports recorded $308m net profits for 2019, down 5.1% from 2018, while total throughput rose 5.5% to 123.8m teu

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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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