Cosco Shipping Energy Transportation (CSET), the energy shipping unit of Cosco, has set up a new tanker subsidiary in Hainan as part of its strategy to develop its shipping business in the region. Under the plan, Cosco will use RMB2.4bn ($343m) from a RMB5bn fundraising scheme, announced earlier...
https://splash247.com/cosco-sets-up-new-tanker-unit-in-hainan/