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COSCO Shipping Ports reported higher revenue, profit and container throughput for the first half of 2026. Total throughput increased by 7.9% year on year to 80,157,047 TEUs, while...
COSCO Shipping Por...
COSCO Shipping Ports handled 11.04 million TEUs across its global terminal portfolio in September 2026, representing a 15.7% increase compared with the same month last year. The la...
Financial terms were not disclosed, but media reports have valued the deal at $13.3 billion.
COSCO Shipping Holdings reported a weaker profit in the first half of 2026 despite carrying more containers. Group net profit fell 34% to CNY 13.4 billion (US$2.0 billion). Meanwhi...
The larger of the two orders is for a dozen 22,000-TEU ships that the carrier said will “boost [its] competitive advantage” on routes such as the Far East to Northwest Europe.
China’s Cosco Shipping has its sights becoming a top-three carrier by adding more ships, potentially pushing Maersk Line down the pecking order. Last week, the liner operator commi...
Cosco Shipping Holdings has just delivered the kind of second-quarter rebound that should reassure container-shipping investors. As disclosed at the end of last week, revenue rose...
One arm operates container terminals on contested corridors, the other buys the bulk ports that feed European industry. Together they form a single strategy of corridor control. Wi...
Global trade relies on massive, modern ports for the import and export of goods. Asia is home to the biggest and busiest.
Quick recap: the freight-rate spike that produced two very different report cards at Maersk and Hapag-Lloyd is increasingly a story about who controls terminal and inland capacity,...
COSCO Shipping has rejected US allegations that equipment aboard its vessels was used to collect intelligence for Beijing. The Chinese shipping group called the claims “totally unf...
PRESS RELEASE A.P. Moller Capital agrees to acquire Portek International from Mitsui & Co. – A.P. Moller Capital has signed an agreement to acquire 100% of Singapore-based Por...
China’s ports are continuing to support the expansion of the country’s exports despite the Trump administration’s efforts at tariffs. China now has si...
Beijing’s specialised carrier is locking up the ships that will move China’s heavy industrial exports and changing how the heavylift market works. COSCO Shipping Specialized Carrie...
A.P. Moller Capital has signed an agreement, through its Emerging Markets Infrastructure Fund II to acquire 100% of Portek International Pte. Ltd. from Mitsui & Co., Ltd. Porte...
COSCO Shipping issued a strongly worded statement saying it “firmly opposes” false and unfounded claims by “certain media” alleging its ships have hid...
The $750 million CANXPORT facility adds capacity to move up to 400,000 containers a year from railcars to ships at Prince Rupert.
Public-private investment of nearly $1 billion will support PhilaPort’s largest-ever expansion. The post Philadelphia ports sets $837 million expansion, first new berth in 50 years...
A 30-year lease extension with a key terminal operator clears the way for $200 million in zero-emission cargo equipment investments at the Port of Los Angeles. The post Port of Los...
Where we stand: CK Hutchison’s mega-sale to BlackRock and MSC was supposed to settle the question of who controls the world’s most strategic terminals. Eighteen months on, the answ...
Wenzhou’s launch of a direct container shipping service to West Africa highlights a broader transformation under way across China’s port network, as improved infrastructure and ris...
A.P. Moller Capital, a global fund manager focused on infrastructure, transportation, and energy, entered into a definitive agreement to acquire a maj...
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