Cosco Shipping Holdings, part of state conglomerate China Cosco Shipping, has said it would adjust sailings and maintain its “dual-brand” strategy during the coronavirus pandemic.

The container shipping and port firm has enjoyed strong financial performances after completing the acquisition of OOCL’s parent Orient Overseas (International) Ltd (OOIL) last year.

However, Cosco Holdings warned of business risks associated the Covid-19 outbreak in its annual report and said counter measures are required.