Cosco posts $1.7bn loss
- Thursday 29 March 2012, 17:10
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- Dry Cargo
- Back to Lloyd's List Asia
CHINA Cosco Holdings limped out of 2011 with the biggest yearly loss yet reported in the shipping industry, haemorrhaging Yuan10.5bn ($1.7bn), compared with profits of Yuan6.8bn in 2010.The only comparable loss was the $1bn in red ink...
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