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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.
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...
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...
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...
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.
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...
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 conflict in the Middle East has posed significant challenges to the safety and stability of global shipping,” China’s biggest container liner said.
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...
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.
China Merchants Heavy Industries completed the delivery of the country’s first 180,000 cbm LNG gas carrier. It marked a milestone in Chinese shipbuild...
Chinese officials highlighted the naming ceremony for the new vessel, OOCL Wisdom. The ship is the largest capacity methanol-fueled containership, and...
China’s shipping giants are bracing for a harsh new reality of persistent global volatility, as the closure of the Strait of Hormuz shifts from being a problem of transit delays to...
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...
The first of two large, fully-electric containerships was placed in service in China. Built for Ningbo Ocean Shipping, they are being promoted as a k...
The Board of Ningbo Ocean Shipping (NBOSCO) has authorized a significant capital investment program to expand its fleet and container inventory. The total projected expenditure for...
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 China Merchants group might be aiming to link its sea freight business with affiliate Antong Holdings’ intermodal transport operations. Its shipping subsidiary, China Merchants...
Ένα δεξαμενόπλοιο προϊόντων πετρελαίου που εκμεταλλεύεται ο κινεζικός ναυτιλιακός όμιλος COSCO διέσχισε το Στενό του Ορμούζ την Τετάρτη, αφού δύο δεξαμενόπλοια αργού πετρελαίου έπλ...
China Merchants Group has reportedly entered into the negotiations in an effort to advance the stalled talks regarding the sale of CK Hutchison’s por...
China has delivered the world’s largest car carrier, marking a new milestone in global automotive shipping capacity and shipbuilding capabilities. The vessel, named Glovis Leader,...
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