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Cosco's yard group in Singapore hit by giant deficit

Cosco Corporation, which consists of various yards and some dry bulk shipping, noted a deep red bottom line for 2015. The yard group is hit hard by the offshore crisis.

Photo: Foto: Cosco Dalian Shipyard

Declining revenue as well as a drastically sliding result are the visible symptoms that Singapore-listed Cosco Corporation Limited is hard hit by the crisis in offshore.

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