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Cosco’s transaction is a charter deal with New York-listed, Greece-based Costamare Inc. for 16 container ships — a dozen 9,300-TEU vessels and four 3,100-TEU ships.
Cosco’s transaction is a charter deal with New York-listed, Greece-based Costamare Inc. for 16 container ships — a dozen 9,300-TEU vessels and four 3,100-TEU ships.
The carrier and ports group said revenue on all major trades, except its domestic network, fell in the first quarter, resulting in a 13% drop in revenue from container shipping.
“The conflict in the Middle East has posed significant challenges to the safety and stability of global shipping,” China’s biggest container liner said.
Cosco Shipping Specialised Carriers, the Chinese group’s multipurpose arm, yesterday launched a regular service to ship used cars from Incheon to North Africa in containers. This i...
MANILA, Philippines — Retail tycoon Lucio Co-led Cosco Capital Inc. posted modest growth in parent earnings in 2025, with net income attributable to equity holders inching up to P9...
Cosco Shipping Lines has introduced a new North Africa Express (NAX) service connecting key ports in China with Libya, expanding its presence in the region. The service operates wi...
As Iran’s blockade reduces Hormuz traffic to single digits, China’s state shipping giant is ordering US$4 billion worth of LNG-powered vessels a bet on route recovery that doubles...
Chinese carmaker Foton Motor has joined compatriot peers in becoming directly involved in shipping its vehicle exports. China’s corporate registry shows that, last month, Foton set...
Ένα δεξαμενόπλοιο προϊόντων πετρελαίου που εκμεταλλεύεται ο κινεζικός ναυτιλιακός όμιλος COSCO διέσχισε το Στενό του Ορμούζ την Τετάρτη, αφού δύο δεξαμενόπλοια αργού πετρελαίου έπλ...
Newbuilding orders over the past week show that Cosco Shipping Lines is on a fleet expansion drive. The Chinese state-controlled operator’s subsidiary. OOCL. has ordered a dozen 13...
Lucio L. Co-led Cosco Capital, Inc. said its net income rose by 3.4% to P15.96 billion in 2025 from P15.4 billion a year earlier, driven by its grocery and liquor segments. In a re...
The Cosco subsidiary said the 13,600-TEU ships have been ordered from Shanghai-based shipyard Hudong-Zhonghua Shipbuilding for delivery between 2028 and 2030.
COSCO SHIPPING will launch a new feeder service from Baltic Container Terminal (BCT) starting in the first week of June. The new GGS feeder service will operate together with Diamo...
The 80,000 dwt multi-purpose grain carrier “Guo Yun Hai” has been delivered. China Classification Society (CCS) surveyed the vessel. Dalian COSCO Shipping Heavy Industry built the...
The ocean carrier said it would no longer call Oakland on one of its trans-Pacific services, with another service into the Pacific Northwest dropping a Vietnam call.
China is stepping up its crackdown on container transport service providers for regulatory breaches, as the industry navigates an increasingly volatile trade environment. China’s M...
The Balboa port is one of two terminals along the strategic Panama Canal that have become a flashpoint in the intensifying rivalry between the U.S. and China in Latin America.
Container capacity on the trades between India and China is seeing a rapid increase in response to strong green shoots of demand growth. And Ningbo Ocean Shipping (NOS) is the newe...
CU Lines is set to join Zhonggu Shipping on its China Red Sea Express (CRX) service, which CU Lines will market under its own Red Sea Service (RES) branding. The collaboration will...
THE FINANCIAL TIMES reports: China demanded Europe’s two largest shipping companies cease operating ports on the Panama Canal, just weeks after they took over from a Hong Kong-base...
CMA CGM is doubling its Suez Canal transits as shippers are prepared to pay a premium to move cargo to the Red Sea. The French line’s new Asia-North Europe (OCR) service, connectin...
China’s Ministry of Transport announced it has issued fines against a total of nine international container shipping lines, as well as seven of its do...
An FMC judge ruled the carrier committed several violations of US shipping law, including unreasonable practices, failure to meet service commitments, and refusal to deal with the...
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