US fees on China-based ships to cause unintended consequences – Analyst
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
US ‘blacklists’ world’s largest shipowner and shipyard group in swipe at China
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
MOL Lines and COSCO Shipping form JV to manage Qatar’s LNG Vessels
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
COSCO Shipping inks new green methanol production MoU with Freepoint Commodities
SHANGHAI : COSCO SHIPPING, CP Group Co., Ltd., and Freepoint Commodities collectively inked a memorandum of understanding (MoU) recently on the production of green methanol. This partnership aims to capitalize on each party’s strengths,
Container Shipping Hedges Green Transition With Dual-Fuel Vessel Orders
LOS ANGELES : Container shipping companies like Maersk, CMA CGM and COSCO have ordered hundreds of new vessels in recent years meant to help their industry slash greenhouse gas (GHG) emissions to meet rising demand from customers and regulators around
Cosco Shipping terminal in Peru to start operations this month
CHANCAY : Cosco Shipping’s new container terminal in Chancay, Peru, will launch operation in November, further enhancing trading between Asia and South America. Invested in and built by Cosco Shipping Ports, Chancay Port Terminal is located
APM Terminals receives largest containership in Lagos
LAGOS : APM Terminals Apapa has celebrated a historic achievement as the largest container ship ever to visit Nigeria’s Lagos Port Complex Apapa docked at its terminal on Wednesday. In a statement released by
COSCO SHIPPING Ports expands investment in Thailand’s Laem Chabang Port
SHANGHAI : COSCO SHIPPING Ports (CSP) announced the strategic acquisition of equity in two major terminals at Thailand’s Laem Chabang Port. This acquisition includes： ——a 12.5% stake in Thai Laemchabang Terminal Co., Ltd. (TLT)