COSCO Shipping Energy Transportation reports 141 per cent rise in H1 profit
Source: Baird MaritimePublished: September 2, 20261 views
COSCO Shipping Energy Transportation reported a 140.6% increase in net profit for the first half of the year. Higher international tanker freight rates contributed to a 30.3% rise in revenue year-on-year. The company adjusted tanker operations due to navigation disruptions in the Strait of Hormuz.
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