- Leading Chinese investment bank CICC has forecast Cosco Shipping Holdings will earn another Yuan2.5bn in Q4 after posting a net profit of Yuan2.7bn in Q3.
- Chinese investment bank CICC said that the results have met its anticipation, and forecast continued robust performance in the fourth quarter.
- Transpacific rates have been hovering at high levels since September, while rates on other routes have also rebounded quickly, according to a research report of the bank.
Strong spot rates of COSCO...
https://mfame.guru/cosco-spot-rates-stronger-in-q4-amid-surge-in-earnings/