Since Cosco Shipping Tanker (Dalian) Co — one of the main shipowning subsidiaries of Cosco Shipping Energy Transportation (CSET) — was put on the US sanctions list last week, the Chinese tanker giant has kept mum on the fleet details of the sanctioned entity.
But CSET should begin to embrace transparency to save itself from the US-China geopolitical tussle.
It is not unusual for a Chinese state-controlled firm to refrain from commenting to the media.