COSCO Shipping International profits jump significantly in Q2 2018

COSCO Shipping International saw its turnover from continuing operations jump by 271% in the second quarter of 2018. The logistics management company posted a turnover of SGD 40 million (USD 29 million) for Q2 2018, mainly driven by the turnover of SGD 32.3 million from newly acquired logistics businesses, the 100% acquisition of Cogent Holdings
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Jawaharlal Nehru Port Trust (JNPT) registered substantial progress on two key productivity parameters in the month of June 2018. JNPT – which handles the majority of India’s container freight – in July for the first time achieved over 40 percent share of its volume via direct port delivery (DPD). JNPT in July also increased its
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March’s brutal start on Wall Street may not be an anomaly. If Citi’s forecast is right, it could replay several times this year, whether or not President Donald Trump’s tariffs on steel and aluminum become a reality. “We’re looking for a more moderate year this year versus last year,” Tobias Levkovich, the firm’s chief U.S.
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