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Asia Pacific Containers Ports and Logistics

Cosco consolidates box-making assets amid favorable market conditions

Shanghai and Hong Kong-listed arm Cosco Shipping Development has acquired three factories and one research unit from the parent group via a share issuance

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Deal will add a design capacity of producing 1m teu of new containers annually — the world’s second-largest — to Cosco Shipping Development’s existing business centred on containership and box leasing

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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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