Red Sea attacks leave shipping companies with difficult choices
CAIRO : The shipping companies that move goods on one of the world’s busiest trade routes for factories, stores, car dealerships and other businesses face an excruciating decision. They can send their vessels through the Red Sea if
COSCO SHIPPING issues 100.000th electronic Bill of Lading, GSBN wins Digital Trade Gold Award at Global Digital Trade Expo
SHEN ZHEN : COSCO SHIPPING has issued the 100,000th blockchain-based Electronic bill of lading to a cross-border e-commerce customer in Shenzhen by COSCO SHIPPING Lines. Since the beginning of this year, COSCO SHIPPING has reportedly provided
COSCO SHIPPING and bp signs strategic partnership agreement
SHANGHAI : Chinese shipping giant COSCO SHIPPING and British multinational oil and gas company bp signed a Memorandum of Understanding (MoU) for strategic cooperation in Shanghai on Tuesday, 5 December. To further capitalise on
CMA CGM and COSCO jointly launch Far East – Indian West Coast service
MARSEILLE : French ocean carrier CMA CGM and Chinese shipping giant Cosco Shipping Lines have joined forces for a new container connection between the Far East and the Indian West Coast. The two companies,
Ocean Alliance’s dominant era comes after 2M breakup
SINGAPORE : The Ocean Alliance comprising CMA CGM, COSCO Shipping Lines and Evergreen Marine Corporation is set to become the largest box shipping alliance once the 2M partnership ends in 2025. 2M’s extinction will
ONE & COSCO to start new LUX Service connects Europe with South America
SINGAPORE : ONE (Ocean Network Express) and Cosco Shipping will start the LUX service. This route connects Europe and the Mediterranean to the east coast of South America with weekly stopovers. The route includes
COSCO SHIPPING signs Memorandum of Cooperation on the construction of a Green Methanol Industrial Chain
SHANGHAI : On September 20, China COSCO SHIPPING Corporation Limited (COSCO Shipping), State Power Investment Corporation Limited (SPIC), Shanghai International Port Group (SIPG), and China Certification & Inspection Group (CCIC) jointly signed the “Memorandum
COSCO to take stake in Hamburg Port terminal
BERLIN : Germany has agreed to let Chinese Shipping giant COSCO buy a stake in a container terminal at Hamburg’s Port. The deal was originally given the green light last October, but ran into