Cosco bites the charter bullet, while CMA CGM buys more ships
Ocean carriers are turning the heads of non-operating containership owners with “offers they can’t refuse” in their fervent buying spree. Oslo-headquartered MPC Container Ships announced last week it had agreed the sale of six
COSCO SHIPPING Ports and Silk Road Fund agreed to establish co-operative strategic relationship in Port assets investment and related upstream and downstream businesses
HONGKONG : COSCO SHIPPING Ports Limited, the world’s leading ports operator, is pleased to announce that, based on the good business relationship between the Company and Silk Road Fund, as well as the professional
China’s Cosco Shipping predicts $4.73 billion net profit in third quarter
BEIJING : China’s shipping giant Cosco Shipping Holdings is expecting its net profit attributable to the shareholders for the third quarter of 2021 to reach 30.49 billion yuan ($4.73 billion), thanks to a strong
COSCO launches express alternatives to US West Coast
BEIJING: COSCO Shipping Lines (COSCON) is launching Transpacific BCO Express Line this week, comprising the Prince Rupert express line (CEN-EXPRESS) and the Los Angeles express line (CEN-PLUS) Using five 4,250TEU ships, CEN-EXPRESS will move
Cosco Shipping Lines upgrades its reefer fleet
TAIWAN : Cosco Shipping Lines has enhanced its refrigerated cargo fleet with active controlled-atmosphere (CA) systems, named EverFresh, which are provided by Carrier Transicold. The high-performing systems enable perishable shipments to travel further while
COSCO SHIPPING Ports will acquire 35% shares of Container Terminal Tollerort in the Port of Hamburg, Germany
HONG KONG : COSCO SHIPPING Ports Limited the world’s leading ports operator, is pleased to announce that the Company will acquire 35% shares of Container Terminal Tollerort in the Port of Hamburg, Germany. Mr.
World’s 1st LNG-powered VLCC kicks off sea trials
The world’s first liquefied natural gas (LNG)-fuelled very large crude carrier (VLCC) has commenced its sea trials in Chinese waters, after completing the construction phase. The 318,000 dwt vessel was built by Dalian Shipbuilding