COSCO Shipping has released detailed documentation for its bid for Orient Overseas. The stock price fell 6%, possibly due to disappointments about a lack of hard numbers on potential cost cutting or revenue increases. Conceptually it referred to increased use of its own ports and use of Orient Overseas more advanced systems. They face limitations from: a commitment to no job cutting; retaining Orient Overseas stock market quotation – limiting integration potential; regulatory interventions from competition authorities may change the group structure. COSCO Shipping has room for improvemen...