ShippingWatch

Cosco expects growth in container market in 2018

Chinese box carrier Cosco Shipping expects that the growth in global trade will make life easier for container shipping in 2018. In 2017 the company turned a major deficit into a significant profit, reports Reuters.

Photo: /ritzau/AP

China's Cosco Shipping delivered a significant profit in 2017 after suffering a negative bottom line in 2016.

Positive trends such as a stronger global economy will continue to characterize the market this year, says the company in relation to the publication of its annual report.

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