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CICOF News and Press, COSCO Shipping Holdings Co Ltd

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Company Name: COSCO Shipping Holdings Co Ltd
Stock Symbol: CICOF
Market: OTC

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CICOF - U.S. intelligence details impact of Red Sea attacks on global trade

2024-06-17 04:32:52 ET Container shipping through the Red Sea declined by around 90% from December 2023 to mid-February 2024 as a result of Houthi attacks on ships in the key trade route, according to the U.S. Defense Intelligence Agency. ... Read the full article on Se...

CICOF - BOAT: Shipping Stocks Are A Momentum Buy

2024-05-17 11:27:59 ET Summary Shipping stocks have underperformed the S&P 500 in the past decade but have outperformed the market year-to-date. The SonicShares Global Shipping ETF is a globally diversified ETF with equal exposure to container and energy shipping, and it has a...

CICOF - Digitalization Empowering Foreign Trade Shipping - Nanhua Logistics, a COSCO Shipping Group Subsidiary, Partners with Bravowhale Technology to Spearhead the Online Implementation of ESG Compliance Standards

Digitalization Empowering Foreign Trade Shipping - Nanhua Logistics, a COSCO Shipping Group Subsidiary, Partners with Bravowhale Technology to Spearhead the Online Implementation of ESG Compliance Standards HONG KONG, Feb 27, 2024 - (ACN Newswire) - Based on customs statistics, China's tota...

CICOF - COSCO Shipping: Still An Overly Discounted Shipping Play

2024-01-16 09:34:52 ET Summary COSCO Shipping came out last week with below-par full-year results. H1 2024 is poised to be an improvement, though, helped by elevated rates following Red Sea disruptions. Unlike its peers, there’s virtually no optimism in the stock and pl...

CICOF - Red Sea Shipping Disruption Rages On And The Impact Will Continue Well Into 2024

2024-01-12 04:56:00 ET Summary The Red Sea shipping crisis is still growing as almost half of vessels have been rerouted around the Cape of Good Hope in January. This has already more than tripled container rates. Delays and knock-on effects may drag on to the second quarter. ...

CICOF - Red Sea Turmoil Is Bullish For Maersk And Peers

2024-01-10 06:54:47 ET Summary Spot rates for marine transportation have surged due to geopolitical concerns, which could boost profits for the shipping industry. A.P. Møller - Mærsk has been affected by attacks in the Red Sea, but has a strong financial condition, makin...

CICOF - Red Sea attacks: Ocean freight rates, shipping firms' valuations sail higher

2023-12-22 05:56:00 ET Ocean freight rates have shot up, while shipping companies' valuations are on the rise as more ships avoid the Red Sea after attacks by Yemen's Houthi rebels on vessels disrupted the key global trade route. The total market capitalization of the world's biggest pu...

CICOF - End Of Europe's Exemption For Ship Alliances Adds To Tough Market Conditions

2023-10-11 10:20:00 ET Summary Europe's planned termination of the so-called 'block exemption rule' that enables container liners to closely cooperate within alliances will limit room to manoeuvre. This particularly applies to the container liners outside of the largest players, a...

CICOF - COSCO SHIPPING Holdings reports 1H results

2023-08-31 02:18:16 ET More on COSCO SHIPPING Holdings COSCO SHIPPING: Unfairly Penalized And Priced Below Net Cash Cosco Shipping shares jump on expecting robust growth in Q1 profit Earnings data for COSCO SHIPPING Holdings Dividend scorecard for COSCO SHIPP...

CICOF - COSCO SHIPPING Holdings Announces 2023 Interim Results

SHANGHAI, CHINA / ACCESSWIRE / August 29, 2023 / COSCO SHIPPING Holdings Co., Ltd. ("COSCO SHIPPING Holdings" or "the Company", SSE:601919; HKEx:1919) today announced its 2023 interim results. For the year to date, the container shipping market has faced new challenges such as weak demand, glob...

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