OOCL Q2 25 update: more volume carried, but revenues decline
Cosco-owned OOCL today reported second-quarter volume and revenue figures which appear to show the Hong ...
Cosco Shipping expects to post a net profit of $4.3bn for the first quarter of this year, following its $13.8bn surplus in 2021.
Indeed, Cosco’s preliminary results suggest that ocean carriers are set to cumulatively smash all records when all Q1 earnings are reported.
It will be ...
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Comment on this article
Rajan K R
April 09, 2022 at 4:45 amObviously, when they take more than a month to process a simple COD and then collect storage/ ground rent charges for the period the container kept at port!