HK Stock Movement | COSCO SHIP INTL (00517) Rises Nearly 3% as Subsidiary Wins SIMFER TSV Management Contract for Guinea's Simandou Project

Stock News12-09

COSCO SHIP INTL (00517) rose nearly 3%, reaching HK$6.35 by the time of writing, with a trading volume of HK$13.97 million. The uptick follows news that COSCO SHIPPING Bulk Carrier successfully secured the SIMFER Transshipment Vessel (TSV) management contract for Guinea's Simandou project.

The contract involves the technical and crew management, on-site operations, and local team development for five of the world's most advanced self-unloading transshipment vessels. These vessels form a critical component of the logistics chain for exporting iron ore from the Simandou mine.

Since the project's initiation, COSCO SHIPPING Bulk Carrier assembled a dedicated team to swiftly address bidding, technical negotiations, and contract discussions. Their high-level expertise and precise understanding of client needs enabled them to outcompete multiple specialized TSV operators and leading global ship management firms.

This contract marks another milestone in the company's commitment to the Belt and Road Initiative, reinforcing its role in securing critical mineral resources. It also represents a strategic step toward enhancing iron ore supply chain security and expanding its footprint in Africa.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1102410913?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-12-09 15:14","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1102410913","market":"hk","top_or_hot":-1,"title":"HK Stock Movement | COSCO SHIP INTL (00517) Rises Nearly 3% as Subsidiary Wins SIMFER TSV Management Contract for Guinea's Simandou Project","media":"Stock News","content":"<p>COSCO SHIP INTL (00517) rose nearly 3%, reaching HK$6.35 by the time of writing, with a trading volume of HK$13.97 million. The uptick follows news that COSCO SHIPPING Bulk Carrier successfully secured the SIMFER Transshipment Vessel (TSV) management contract for Guinea's Simandou project.</p>\n<p>The contract involves the technical and crew management, on-site operations, and local team development for five of the world's most advanced self-unloading transshipment vessels. These vessels form a critical component of the logistics chain for exporting iron ore from the Simandou mine.</p>\n<p>Since the project's initiation, COSCO SHIPPING Bulk Carrier assembled a dedicated team to swiftly address bidding, technical negotiations, and contract discussions. Their high-level expertise and precise understanding of client needs enabled them to outcompete multiple specialized TSV operators and leading global ship management firms.</p>\n<p>This contract marks another milestone in the company's commitment to the Belt and Road Initiative, reinforcing its role in securing critical mineral resources. It also represents a strategic step toward enhancing iron ore supply chain security and expanding its footprint in Africa.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>HK Stock Movement | COSCO SHIP INTL (00517) Rises Nearly 3% as Subsidiary Wins SIMFER TSV Management Contract for Guinea's Simandou Project</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHK Stock Movement | COSCO SHIP INTL (00517) Rises Nearly 3% as Subsidiary Wins SIMFER TSV Management Contract for Guinea's Simandou Project\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036600163\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock News </p>\n<p class=\"h-time\">2025-12-09 15:14</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>COSCO SHIP INTL (00517) rose nearly 3%, reaching HK$6.35 by the time of writing, with a trading volume of HK$13.97 million. The uptick follows news that COSCO SHIPPING Bulk Carrier successfully secured the SIMFER Transshipment Vessel (TSV) management contract for Guinea's Simandou project.</p>\n<p>The contract involves the technical and crew management, on-site operations, and local team development for five of the world's most advanced self-unloading transshipment vessels. These vessels form a critical component of the logistics chain for exporting iron ore from the Simandou mine.</p>\n<p>Since the project's initiation, COSCO SHIPPING Bulk Carrier assembled a dedicated team to swiftly address bidding, technical negotiations, and contract discussions. Their high-level expertise and precise understanding of client needs enabled them to outcompete multiple specialized TSV operators and leading global ship management firms.</p>\n<p>This contract marks another milestone in the company's commitment to the Belt and Road Initiative, reinforcing its role in securing critical mineral resources. It also represents a strategic step toward enhancing iron ore supply chain security and expanding its footprint in Africa.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"HK0000252152.HKD","symbol_name":"易方达 (香港) 中国股票股息基金A 类 (累积) 港元","start_time":0,"source_url":"","article_id":"1102410913","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1102410913","pubTimestamp":1765264470,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"COSCO SHIP INTL (00517) rose nearly 3%, reaching HK$6.35 by the time of writing, with a trading volume of HK$13.97 million. The uptick follows news that COSCO SHIPPING Bulk Carrier successfully...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"HK0000252152.HKD":"易方达 (香港) 中国股票股息基金A 类 (累积) 港元","HK0000252160.HKD":"易方达 (香港) 中国股票股息基金A 类 (分派) 港元","BK1173":"海港与服务","00517":"中远海运国际","HK0000500386.USD":"易方达 (香港) 中国股票股息基金A 类 (累积) 美元"},"translate_title":"港股动向|中远海运国际(00517)涨近3%子公司获几内亚西芒杜项目SIMFER TSV管理合同","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00517":1},"content_text":"COSCO SHIP INTL (00517) rose nearly 3%, reaching HK$6.35 by the time of writing, with a trading volume of HK$13.97 million. The uptick follows news that COSCO SHIPPING Bulk Carrier successfully secured the SIMFER Transshipment Vessel (TSV) management contract for Guinea's Simandou project.\nThe contract involves the technical and crew management, on-site operations, and local team development for five of the world's most advanced self-unloading transshipment vessels. These vessels form a critical component of the logistics chain for exporting iron ore from the Simandou mine.\nSince the project's initiation, COSCO SHIPPING Bulk Carrier assembled a dedicated team to swiftly address bidding, technical negotiations, and contract discussions. Their high-level expertise and precise understanding of client needs enabled them to outcompete multiple specialized TSV operators and leading global ship management firms.\nThis contract marks another milestone in the company's commitment to the Belt and Road Initiative, reinforcing its role in securing critical mineral resources. It also represents a strategic step toward enhancing iron ore supply chain security and expanding its footprint in Africa.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1102410913","isCrawlerRequest":true}