© Vladimir Serebryanskiy

China’s state-owned Cosco Shipping Holdings will likely reach record revenues of Rmb90bn ($13.5bn) this year, based on a nine-month performance that validates projections for 2017.

But, as it continues to grow the size of its business, so too its net leverage continues to rise.

Cosco record revenues (Source: 4-traders.com)

Is that a good or a bad thing? And, what might it lead to?

Pre-OOCL deal

Even excluding the pending consolidation of Orient Overseas International (OOIL) and its container shipping arm, OOCL – which recently ...

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