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COSCO: Hong Kong Connects to Global Financial Business
Financing in Hong Kong Hong Kong has been the most important region in the overseas business layout of COSCO. In Hong Kong, business sectors of COSCO include shipping, port investments and management, logistics, container leasing, funding and financing, etc. In particular, as to funding and financi…
Global Shipping Industry Output Value Reaches 500 Billion USD
Worldwide container ships carrying sports shoes, bananas and barbie dolls are becoming increasingly large. So are the corporations owing the ships.The global shipping industry with an output value of 500 billion US dollars is experiencing a large-scale integration. The survivors in the integration no…
Maersk Shipping Business Faces Price Wars
Maersk recently has sold its oil and gas operations to Total SA at 7.5 billion dollars. However, its main business, ocean shipping, is still facing a new price war during the consolidation of the shipping industry. Without the support of the oil and gas sector, Maersk may have difficulties in breakin…
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