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Asia Pacific Tankers and Gas Cosco Shipping Energy Transportation

Cosco incurs $800m write-down on tanker fleet

Tanker arm facing impairment losses on 94 vessels in its fleet

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The calculation has factored in a sluggish tanker market, the impact of the international emission-cutting requirements and an acceleration in renewing its fleet

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Asia Pacific Tankers and Gas Cosco Shipping Energy Transportation
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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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