• BIST 89.553
  • Altın 349,883
  • Dolar 6,7005
  • Euro 7,2349
  • İstanbul 12 °C
  • Ankara 9 °C

Cosco profits slide

Cosco profits slide
China’s Cosco group has seen its second half profits fall 61% on the back of high fuel costs and a weak container market. Net income fell from 2.68bn yuan to 1.05bn (US$136m).

China’s Cosco group has seen its second half profits fall 61% on the back of high fuel costs and a weak container market. Net income fell from 2.68bn yuan to 1.05bn (US$136m).

Cosco’s container division saw fuel prices rise 19% but has been unable to increase rates due to high capacity in the market.

www.TurkishMaritime.Com.tr

This news is a total 3146 time has been read
  • Comments 0
    UYARI: Küfür, hakaret, rencide edici cümleler veya imalar, inançlara saldırı içeren, imla kuralları ile yazılmamış,
    Türkçe karakter kullanılmayan ve büyük harflerle yazılmış yorumlar onaylanmamaktadır.
    Bu habere henüz yorum eklenmemiştir.
Other News
  • Castor Maritime Raises Money to Expand Fleet28 January 2020 Tuesday 13:37
  • Exmar Finances FLNG, VLGC Pair27 January 2020 Monday 14:31
  • BNP Paribas, Credit Suisse Join Poseidon Principles23 January 2020 Thursday 12:30
  • Frontline Secures USD 544 Mn for Ten Trafigura Tankers27 November 2019 Wednesday 16:50
  • COSCO SHIPPING Ports announces 3rd quarter results31 October 2019 Thursday 10:46
  • Teekay Shuttle Tankers Issues USD 125 Mn Green Bonds Due 202410 October 2019 Thursday 11:14
  • MSC announces fresh rates from Europe03 October 2019 Thursday 15:01
  • Maersk increases rates from Northern Europe03 October 2019 Thursday 11:48
  • Maersk will increase rates02 October 2019 Wednesday 09:17
  • Ex-Shanghai spot rates decrease on major routes27 September 2019 Friday 17:32
  • All Rights Reserved © 2006 TURKISH MARITIME | İzinsiz ve kaynak gösterilmeden yayınlanamaz.
    Phone : 0090 212 293 75 48 | Fax : 0090 212 293 75 49 |