China COSCO Holdings Co Ltd , the country’s top shipping conglomerate, said it sees huge challenges in the dry bulk shipping market, although freight rates could rise later in the year. China COSCO Chairman Wei Jiafu also urged shipping companies to be rational in expanding capacity.
Green Marine
about 15 years ago
China COSCO sees “very big” challenges in dry bulk mkt
China COSCO Holdings Co Ltd , the country’s top shipping conglomerate, said it sees huge challenges in the dry bulk shipping market, although freight rates could rise later in the year. China COSCO Chairman Wei Jiafu also urged shipping companies to be rational in expanding capacity.
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