CICOY News and Press, COSCO Shipping Holdings Co Ltd ADR From 10/11/23

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...

Focus on Value Creation and Promote Sustainable Development HONG KONG / ACCESSWIRE / August 30, 2023 / COSCO SHIPPING Development Co., Ltd. ("COSCO SHIPPING Development" or the "Company") (SSE:601866)(HKEX:2866) is pleased to announce the results for the six months ended 30 June 2023 (the "R...

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 ...

HONG KONG / ACCESSWIRE / March 30, 2023 / COSCO SHIPPING Development Co., Ltd. ("COSCO SHIPPING Development" or the "Company") (SSE:601866)(HKEX:2866) is pleased to announce the results for the twelve months ended 31 December 2022 (the "Reporting Period") today. In 2022, the Company recorded ope...

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...

With the ending of lockdowns in China and resuming economic activities, the demand for container vessels will increase, making charter rates climb. Due to a strong 1Q 2022 financial results, the ending of COVID-19 lockdowns in China, and the company’s new developments, I am bul...

COSCO SHIPPING Holdings  press release (OTCPK:CICOY): FY GAAP EPS of RMB5.59. For further details see: COSCO SHIPPING Holdings GAAP EPS of RMB5.59

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 ...