CICOF News and Press, COSCO Shipping Holdings Co Ltd From 08/29/23

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...

2023-07-21 14:35:32 ET Summary Coming off the COVID-driven highs, the shipping industry is now stuck in a downcycle. COSCO SHIPPING is exposed to the same industry headwinds but has shown surprising resilience. With the H-shares now priced below net cash, the market has likely...

2023-06-29 06:55:00 ET Summary The tide is turning for container shipping. The market is bracing for a massive inflow of new capacity amid slowing demand and resolved congestion. This makes capacity discipline paramount for container liners, but that won’t be easy with ...

SHANGHAI, CHINA / ACCESSWIRE / March 30, 2023 / COSCO SHIPPING Holdings Co., Ltd. ("COSCO SHIPPING Holdings" or "the Company") (SSE:601919; HKEx:1919) today announced its 2022 annual results. In 2022, COSCO SHIPPING Holdings overcame various difficulties and posted remarkable financial results...

Summary CTT - Correios De Portugal was by far the largest detractor from our performance in the second quarter. CTTPY guided towards roughly doubling operating profit in the next few years, comfortably above where consensus forecasts laid at the time. CTT is poised to be the f...

Summary Our US-denominated Global Micro Fund was down 16.6% in the quarter, and is down 21.0% for the year. We are taking advantage of the current turmoil in the markets, adding a new busted Biotech (KOD), and adding substantially to MEI Pharma and Liberty Tripadvisor - among othe...

More than 2.45 million people boarded passenger jets on Sunday, November 28, according to Transportation Security Administration data. The global container shipping industry recorded a record net income of $48.1 billion in the third quarter of this year, according to a new report by B...

STNG is a market leader in the product tanker market and is currently trading at a significant discount to the net assets on its balance sheet. Rates in the tanker market are expected to pick up on the back of economic recovery over the next 12-24 months and constrained supply of new ...

As industry rebounds, China’s Cosco Shipping (CICOF) shares surge on bullish profit forecast - WSJ.The company expects Q1 net profit of RMB15.41B or $2.3B vs. $44M year ago.Chen Shuai, deputy managing director at Cosco Shipping said,  "That inventory levels at U.S. retai...

Vivakor has filed to raise $15 million in a U.S. IPO. The firm provides soil remediation services for hydrocarbon contaminated soils. VIVK has produced uneven results on a tiny base. For further details see: Vivakor Seeks IPO For Soil Remediation Growth Efforts