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Chinese Shipping Companies Keep Sustainable Growth
China's two top shipping companies, China Ocean Shipping Corporation (COSCO) and China Shipping Corporation (CSCO), reported stable growth in the first half of the year, according to the "China Shipping Weekly".
COSCO's shipping volume topped 76 million tons, up 14.2 percent over the same period last year, while that of CSCO increased 18.4 percent to hit 85 million tons, with it income rising by 54 percent.
Meanwhile, COSCO carried 1.9 million TEUs, up 11.4 percent on an annual basis. CSCO's shipping of 700,000 TEUs was equal almost to last year's total.
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