SHANGHAI : COSCO Shipping has announced a substantial $1.75 billion newbuilding initiative, aimed at enhancing and modernizing its fleet with the addition of 29 new vessels. This ambitious program includes 23 kamsarmax bulk carriers
SINGAPORE : PSA Group Chairman Peter Voser and Group CEO Kim Pong ONG met with our long-standing partners COSCO SHIPPING and Shanghai International Port Group (SIPG) in Shanghai last week. We had excellent exchanges
SHANGHAI : COSCO Shipping’s 7,500 CEU LNG dual-fuel roro ship was named for its maiden voyage recently. The newly launched vessel “Liao He Kou” from COSCO Shipping Specialized Carriers, a subsidiary of COSCO Shipping,
LONDON : The world’s largest shipping group is sailing into a perfect storm. Chinese state-owned Cosco Shipping doubled 2024 earnings but Washington’s proposed docking fees on China-linked vessels and tariff salvo will dent demand
SHANGHAI : COSCO Shipping Specialized Carriers held the naming ceremony for its largest LNG dual-fuel car carrier, the “Wenjingkou“, at the Shanghai Waigaoqiao Shipyard. The vessel, with a capacity of 8600 car spaces, marks
BEIJING : The China Shipowners’ Association (CSA) opposes a U.S. proposal to slap hefty port entry fees on ocean cargo carriers that own or have ordered vessels from China, saying it violates international rules
MARSEILLE : U.S. proposals to hit Chinese vessels with high port fees would have a major impact on all firms in a container shipping industry in which most vessels are built in China, French-based
LONDON : The US Trade Representative’s (USTR) proposal to charge up to $1.5 million to Chinese-owned ships entering US ports could cause severe congestion and delays to supply chains, according to shipping analysts. Peter
SHANGHAI : China Cosco Shipping, the world’s biggest shipowner, has been targeted by the US government for its alleged links to China’s army. The move came as Beijing sought to reassure markets after a
QATAR : QatarEnergy has selected the joint venture of Japan’s Mitsui O.S.K Lines Ltd. (MOL) and China’s COSCO Shipping LNG Investment (Shanghai) Co. Ltd. (CSLNG) to own and operate 6 QC-Max size LNG vessels.The