COSCO Shipping Energy profit surges 140.58% as tanker rates hit records

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  • COSCO Shipping Energy reported sharply higher first-half profit as tanker freight rates reached historic highs.
  • RMB 4.56 billion was attributable to shareholders, representing 140.58% year-on-year growth.
  • The group owned and controlled 153 tankers totaling 21.9 million deadweight tonnes on June 30, 2026.
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