China’s Cosco Shipping Holdings has announced it will pay out $4.68bn in dividends after taking in record earnings during the first half of its 2022 financial year.

The Hong Kong-listed shipping outfit has disclosed it brought in revenue CNY210.78bn ($30.5bn) on the back of a strong container market during the first six months, a significant increase from CNY 139.26bn during the corresponding period a year earlier.