New alliance formation intensifies battle between major lines
SINGAPORE : With the container shipping alliance landscape expected to change in less than five months, it is worth examining the current dynamics of the alliances and how
India seen as one of the year’s fastest-growing destinations for cargo ships and trade
MUMBAI : India is seeing an ever greater number of container ships visiting its shores, and as the fastest-growing major economy in the world, which is demanding the
COSCO invests US$1.5 billion in ten new vessels
COSCO Ship Holdings (CSH) has ordered ten ships, comprising six 14,092TEU vessels and four 16,180TEU ships from affiliate COSCO Shipping Heavy Industry (Yangzhou). The 14,092TEU ships cost US$146
Shipping lines appear to be ready to continue increasing their rates
The profits of the shipping companies do not seem to be reaching a ceiling. OOCL announced that it had doubled its profits in the first half of the
Cosco sells major stake in Cosco Shipping Leasing to state fund
Cosco Shipping Development has announced that it has entered into an agreement with Chengtong Fund Management to sell a 35.22% stake in Cosco Shipping Leasing for a price