Research Reports: Changjiang Securities maintains a "Buy" rating for COSCO SHIP ENGY, noting that the foreign trade oil transportation Business has significant profit elasticity.

According to a Research Report from Changjiang Securities, COSCO SHIP ENGY (600026.SH) uses LNG Transportation and domestic oil transportation as a shield to build a solid foundation; while foreign trade oil transportation serves as a spear to release flexibility: 1) The expansion of the fleet will further solidify the performance "safety cushion". In the next four years (2025-28), the company will successively deliver 38 LNG ships, 8 domestic oil tankers, and chemical tankers, with an expected 55% growth in profits from LNG and domestic business (including investment income) to 4.35 billion; 2) The foreign trade oil transportation business has significant profit elasticity, where every increase of $0.01 million per day in actual TCE freight rates results in an approximate increase of $0.989 billion in VLCC annual profits.

Gelonghui FinanceMar 17 03:24 ET

COSCO SHIP ENGY (01138.HK) plans to hold a Board of Directors meeting on March 26 to approve the annual performance.

Gelonghui announced on March 14 that COSCO SHIP ENGY (01138.HK) has scheduled a Board of Directors meeting on March 26, 2025 (Wednesday) to review and approve, among other matters, the annual performance announcement of the company and its subsidiaries for the year ending December 31, 2024, as well as any dividend distribution (if applicable).

Gelonghui FinanceMar 14 05:26 ET

COSCO SHIP ENGY: NOTIFICATION OF BOARD MEETING

HKEXMar 14 05:11 ET · Announcements

Express News | BlackRock, Inc's Long Position in H-Shares of COSCO Shipping Energy Transportation Co Increases to 5.59% on March 4 From 4.66% - HKEX

ReutersMar 10 05:19 ET

Hong Kong stocks fluctuating | COSCO SHIP ENGY (01138) falls over 4% again as the Russia-Ukraine talks accelerate, raising market concerns about the regression of trade restructuring and the decline in shipping prosperity.

COSCO SHIP ENGY (01138) fell over 4% again, as of the time of writing, down 3.5%, at 6.62 Hong Kong dollars, with a transaction amount of 0.17 billion Hong Kong dollars.

Zhitong FinanceFeb 24 00:37 ET

COSCO SHIP ENGY (01138.HK): The registration for the reserved Options grant under the 2023 Stock Options incentive plan has been completed.

On February 18, GeLongHui reported that COSCO SHIP ENGY (01138.HK) announced that on February 14, 2025, the grant registration of 4.6358 million Options reserved by the 2023 Stock Options Incentive Plan has been completed at the Shanghai branch of China Securities Depository and Clearing Corporation Limited. The specific details are as follows: (1) Option Name: COSCO SHIP ENGY Options; (2) Option Codes (exercised in three phases): 1000000787, 1000000788, 1000000789; (3) Completion date of Stock Options reserved grant registration: February 14, 2025.

Gelonghui FinanceFeb 18 04:14 ET