Cosco Shipping Holdings, the main container arm of state giant China Cosco Shipping, has predicted a huge jump in its first-half net profits due to strong freight rates.

OOCL more than doubles second quarter revenue to $3.5bn as boom goes on
 Read more

Preliminary results showed Cosco Holdings’ net profits reached CNY 37.1bn ($5.72bn) between January and June, up from CNY 1.14bn