Cosco Shipping Holdings Co. offered $6.3 billion to acquire the container carrier controlled by former Hong Kong Chief Executive Tung Chee-hwa’s family in a deal that would catapult the mainland ...
West Coast seaport officials and trucking executives are closely watching Cosco Shipping’s proposed $6.3 billion deal to purchase Orient Overseas International Ltd. to see how the consolidation would ...
Cosco Shipping has been designated as a Chinese military company by the Pentagon, in another sign of intensifying tension between China and the U.S. The U.S. Department of Defense published its annual ...
If you have been eyeing COSCO SHIPPING Development stock and wondering whether this is the moment to jump in or take a step back, you are far from alone. After all, watching a company with a last ...
Cosco, China’s largest ocean shipping line and the world’s fourth-largest container operator, said that being added to the U.S. “blacklist” of Chinese companies with direct military ties won’t affect ...
Cosco Shipping and Orient Overseas Container Line (OOCL) could encounter more than $2 billion in combined fees next year for docking at U.S. ports after the surcharges go into effect in October.
A Hong Kong-based company has been forced to sell its American container port after the US government raised security concerns about its parent being a Chinese state-owned shipping giant. Orient ...
MANILA, Philippines — Cosco Capital Inc., Lucio Co’s retail holding firm, saw earnings rise by a quarter in 2024 amid strong operating performance of major business segments. Cosco reported a net ...