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 Chinese group into world’s third-largest shipping line
July 10, 2017Business
Largest Containership to Call East Coast Via Panama Canal Generates Excitement
The Cosco Development arrived to fanfare on the East Coast last week as public officials celebrated the largest containership in history to cross the Panama Canal with destinations to Virginia, Georgia and South Carolina.
May 15, 2017Business
Asia’s Biggest Container Shipper Posts Loss After China Merger
China Cosco Holdings Co., Asia’s largest container shipping company after a government-led merger last year, posted a loss in the first half as excess capacity dragged down cargo rates.
August 25, 2016