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Cosco earnings boosted by box shipping markets

Net profit rose over 30% to nearly $1bn in the fourth quarter. But Cosco’s share prices tanked today after a ‘palpable’ correction in spot market rates

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Demand for Chinese containerised exports has declined while the slot shortage on some routes has eased, according the latest Shanghai Containerised Freight Index

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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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