A report has linked CoscoCS to a bid of more than $4bn for smaller rival Orient Overseas Container Line (OOCL).
The Chinese giant has been in talks “for months” and is in the process of preparing an offer, according to the Wall Street Journal.
Citing people familiar with the matter, the newspaper said CoscoCS is leading the race for OOCL and has more chance of pulling off a deal compared to other reportedly interested parties such as CMA CGM and Evergreen Marine.
According
