Chinese container shipping major COSCO Shipping Corporation has taken delivery of its fifth 20,000 TEU containership, COSCO Shipping Virgo. Built…
COSCO Shipping, Orient Overseas shares leap after lofty $6.3 billion bid
COSCO Shipping‘s and Hong Kong‘s Orient Overseas International‘s (OOIL) shares leapt on Monday after the Chinese shipping giant made a $6.3 billion…
Hard Times for the Shipping and Offshore Sectors in Asia
The year 2016 ended as another painful one for the oil, gas and shipping industries in Asia. The travails of…