Logistics

Cosco's logistics company keeps focus on growth despite decline

Singapore-based logistics company Cosco Shipping International reports lower revenue and profits in an uncertain market, but its growth ambitions remain.
Cosco Shipping International is the Chinese group's logistics company based in Singapore, not to be confused with the large container shipping company Cosco Shipping Holdings. | Photo: Darren Whiteside/Reuters/Ritzau Scanpix
Cosco Shipping International is the Chinese group's logistics company based in Singapore, not to be confused with the large container shipping company Cosco Shipping Holdings. | Photo: Darren Whiteside/Reuters/Ritzau Scanpix
by DANIEL LOGAN BERG-MUNCH

Cosco’s Singapore-based logistics company Cosco Shipping International made less money in the first half of the year as inflation and the war in Ukraine create uncertain market conditions.

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