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COSCO SHIPPING Ports Ltd (1199.HK)

1199.HK on Hong Kong Stock

7.31HKD
15 Feb 2018
Change (% chg)

HK$0.06 (+0.83%)
Prev Close
HK$7.25
Open
HK$7.27
Day's High
HK$7.35
Day's Low
HK$7.25
Volume
3,844,445
Avg. Vol
3,689,181
52-wk High
HK$9.95
52-wk Low
HK$7.17

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Maersk profit miss, outlook put shipping shift in spotlight

COPENHAGEN A.P. Moller-Maersk's move to focus on transport and jettison oil was tested on Friday as the world's largest container shipping firm missed profit forecasts and gave what analysts saw as a conservative outlook. | Video

UPDATE 3-Maersk profit miss, outlook put shipping shift in spotlight

* Maersk management hints at hitting top of 2018 EBITDA range (Adds CEO quote, analyst comment, updates share price)

Threat of price war clouds horizon for Maersk shipping business

COPENHAGEN A.P. Moller-Maersk has been fortified by the $7.5 billion sale of its oil and gas business to France's Total, but the company's main sea freight business faces the threat of a new price war in a consolidating industry.

Threat of price war clouds horizon for Maersk shipping business

COPENHAGEN, Aug 22 A.P. Moller-Maersk has been fortified by the $7.5 billion sale of its oil and gas business to France's Total, but the company's main sea freight business faces the threat of a new price war in a consolidating industry.

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