FilingReader Intelligence

COSCO Shipping Energy issues shares for fleet expansion

July 14, 2025 at 12:34 PM UTCBy FilingReader AI

COSCO Shipping Energy is issuing shares to fund construction of six VLCCs, two LNG carriers, and three Aframax crude oil tankers.

The move strengthens the company's position in oil and gas shipping sectors and aligns with industry trends towards cleaner energy.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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