COSCO Aims To Tackle COSCO, CMA-CGM and ONE With Hong Kong Port Alliance — Panjiva
Más

Panjiva_research_logo

COSCO Aims To Tackle COSCO, CMA-CGM and ONE With Hong Kong Port Alliance

China 1758 Corp - Ports 661 Corp - Shipping 608 Mode - Containerized 1005 Mode - Seaborne 1273

COSCO Shipping Ports has launched an alliance for operating ports in Hong Kong with three other companies as a response to “growing regional competition” for services as well as growing market power held by the big container-line alliances. Container handling at Hong Kong ports fell 5.9% in the 12 months to Nov. 30 vs. a year earlier to 19.73 million TEUs, compared to a 3.4% rise at Chinese mainland ports. The potential for further shipping alliance integration and the outcome of the U.S.-China trade war cast further doubts on the prospects for the Hong Kong ports. The top 10...

PANJIVA RESEARCH is a service provided by Panjiva, Inc. ("Panjiva") to relevant global subscribers, and are deemed to be Panjiva "Services" subject to the Panjiva Terms & Conditions of Use. Information contained within or made available via the Services is for informational purposes only and nothing in the Services shall constitute or be construed as an offering of financial instruments, or as investment advice or recommendations by Panjiva, Inc. or its affiliates of an investment strategy or whether to "buy", "sell" or "hold" an investment. The Services may include views and commentary about customers of Panjiva. No aspect of the Services is based on consideration of your individual circumstances, and you should determine on your own whether you agree with the information contained within or made available via the Services. Employees involved in Panjiva Research may hold positions in securities analyzed or discussed in the Services. Panjiva does not make any express or implied warranties, representations, endorsements or conditions with respect to the Services and the information contained within or made available via the Services, including without limitation, warranties as to the usefulness, completeness, accuracy, currentness, reliability or sufficiency of any information (including, without limitation, conclusions, statements, opinions, estimates, forecasts or projections of any kind) and expressly disclaims any implied warranties. Neither this disclaimer nor any of its contents may be forwarded or redistributed without the prior written consent of Panjiva. © 2019 Panjiva, Inc. All Rights Reserved.