CHINA’s largest container line, Cosco Shipping Holdings, indicated optimism about the shipping market’s second half due to a resurgence in transpacific and Asia-Europe freight rates, reports New York’s Journal of Commerce. However, the company maintained a cautious stance in its interim earnings announcement, citing challenges such as global economic and trade landscape changes, inflationary pressures, and new vessel deliveries. Cosco Shipping observed that the container market swiftly returned...
https://www.seanews.com.tr/cosco-shippings-total-box-volumes-fall-8-6pc-to-in-first-half/198276/