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COSCO SHIP HOLD: No Plan Yet to Resume Navigation Through Hormuz; Mideast Routes Account for Small Capacity Ratio
2026-04-09 17:00:52 Addressing the Mideast conflict, COSCO SHIP HOLD (01919.HK) said at its 2025 annual results briefing held online today (9th) that it has not yet considered resuming navigation through the Strait of Hormuz. The company noted that capacity deployed on Mideast routes accounts for a relatively small proportion of total global shipping capacity in the container shipping market, and the overall impact of capacity spillover arising from the regional situation is relatively limited. ~ AASTOCKS Financial News Website: www.aastocks.com | |