China Cosco

Strong support for China Cosco's $1 billion credit-enhanced bond

China Cosco side-steps its problems by raising $1 billion in the international capital markets, but with some help from Bank of China.
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China Cosco: Falling shipping volumes have hurt business
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<div style="text-align: left;"> China Cosco: Falling shipping volumes have hurt business </div>

China Cosco is going through tough times. In 2011, China’s biggest listed shipping company made a loss of Rmb10.45 ($1.68 billon) as dry bulk and container shipping volumes fell, and it is set to make a loss again this year.

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