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Politics
Cosco’s Profit Drops by Half as Lower Freight Rates Bite
📅29 April 2026 at 11:30
📰Bloomberg
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Cosco Shipping Holdings Co. reported a 50% drop in first-quarter profit on weaker freight rates, warning that war in the Middle East has posed “significant challenges” for the industry.
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Source: This article was originally published by Bloomberg. All rights reserved to the original publisher.
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