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Express News | COSCO Shipping: Subsidiary and Mitsui Osk Lines Jointly Win Qatarenergy's Bid for 6 Q-Max LNG Carriers
Buy Recommendation for COSCO SHIPPING Energy Transportation Co: Capitalizing on Strategic Positioning and Industry Upcycle
COSCO Ship Engy (600026.SH): The subsidiary intends to participate in the investment plan for the second phase of the Qatar energy project.
On December 9, Gelonghui reported that cosco ship engy (600026.SH) announced that, after review, the board of directors agreed to allow its wholly-owned subsidiary Shanghai cosco shp sg liquefied natural gas investment Co., Ltd. (referred to as "Shanghai cosco shp sg LNG") to participate in the investment plan for Qatar energy Phase II project. This means that Shanghai cosco shp sg LNG will acquire 50% shares in six single-ship companies fully established by Japan's Mitsui O.S.K. Lines (referred to as "MOL") in the Republic of Liberia (referred to as "Liberia") through its wholly-owned subsidiary in Hong Kong, Far Sea Liquefied Natural Gas Investment Co., Ltd. (referred to as "Far Sea LNG"), participating in the investment and construction of six ships.
cosco ship engy (600026.SH): plans to dispose of the 'Xinningyang' vessel through the transfer of a second-hand ship.
Gelonghui December 9th丨cosco ship engy (600026.SH) announced that, after review, the board of directors approved the company to transfer the "Xinningyang" ship through second-hand ship transfer, and will list it for disposal through Shanghai United Property Exchange Co., Ltd. after determining the due diligence and qualification confirmation conditions of the recipient.
December 9 Insurance Daily | The country's first self-regulatory rules for the "insurance + futures" industry have been released, and the goals for the property and casualty insurance industry over the next five years are clear and specific!
The first domestic self-regulatory rules for the "insurance + futures" industry have been released. The China Futures Industry Association officially published the "Futures Company 'Insurance + Futures' Business Rules (Trial)" today. This rule is the first self-regulatory normative document in the field of "insurance + futures" business. From the content, the rule revolves around the main line of strong regulation, risk prevention, and promoting high-quality development, adhering to problem orientation and clarifying various prohibited behaviors in the futures company's "insurance + futures" business. The rule also specifies the self-regulatory inspection mechanism for the business and proposes specific handling measures for the violations of futures operating institutions. (Financial Frontline) Strong regulation, risk prevention, and promoting reform.
Shipping stocks rose, cosco ship engy (01138) increased by 3.52%. Institutions indicate that eco-friendly concept regulations are tightening, and bulk cargo market freight rates are expected to rise.
Jingu Financial News | Shipping stocks rise, cosco ship engy (01138) up 3.52%, sinotrans limited (00598) up 2.99%, pacific basin (02343) up 2.09%, cosco shipping development (02866) up 1.92%, ooil (00316) up 1.2%. On the news front, boc international indicated that eco-friendly regulations are impacting the dry bulk shipping market, and the new shipbuilding market's high prosperity continues. Eco-friendly regulations are driving the elimination of outdated capacity, the global trade pattern has changed, and the dry bulk shipping market is undergoing transformation. With the International Maritime Organization (IMO) setting standards for ship emissions.
Xunting Wu : COSCO Offshore Holdings is currently HK$12.54. Why is the target price 7.6?