COSCO ports unit flags Abu Dhabi war impact, vows to extend global reach
Transportation
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The new megaport built by China’s state-owned COSCO Shipping in Chancay, Peru, in October 2024. The company says it will continue to look for expansion opportunities in emerging markets. © Reuters
TOKYO — COSCO Shipping Ports, China’s major state-owned port operator, on Wednesday acknowledged that its Abu Dhabi facility has been affected by the war in Iran, as the conflict stirs upheaval in shipping and global markets.
