Search results for China Cosco Shipping

Cosco Shipping, CU Lines expand fleets with 20 new container 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.

Cosco Shipping, CU Lines expand fleets with 20 new container 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.

Cosco launches Incheon-North Africa used car shipping service

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...

Cosco doubles down on emerging trades as Q1 net profit plunges 49% 

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.

Foton Motor steers its own export shipping via JV with Cosco

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...

Cosco launches North Africa Express

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...

China's CSSC sets sail on designing own cruise ships

China's CSSC sets sail on designing own cruise ships

Cosco’s Profit Drops by Half as Lower Freight Rates Bite

“The conflict in the Middle East has posed significant challenges to the safety and stability of global shipping,” China’s biggest container liner said.

Explainer: COSCO’s fleet expansion as geopolitical positioning

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...

Charterers join in as Cosco heads a flurry of box ship newbuild orders

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...

COSCO receives new 80,000 DWT multi-purpose grain carrier

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...

China’s shipping firms brace for a new ‘era of chaos’ as Iran war drags on

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...

China Delivers Its Largest LNG Carrier as It Seeks to Rival Korean Builders

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...

China Names Largest Methanol Dual-Fuel Boxship Expanding Green Shipping

Chinese officials highlighted the naming ceremony for the new vessel, OOCL Wisdom. The ship is the largest capacity methanol-fueled containership, and...

OOCL orders its first LNG-fueled ships with $2 billion deal for 12 vessels

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 may be eyeing new bid for Antong’s intermodal operation

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...

China Puts Fully-Electric, Intelligent Containership in Service

 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...

Capacity boost as box trade grows between India and China

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...

Report: China Merchants Joins Talks for Sale of CK Hutchinson’s Port Ops

 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...

CU Lines joins Zhonggu Shipping on new weekly China-Red Sea service

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...

Chinese ship owners build boxships in local shipyards as demand mounts

Chinese ship owners have been ordering container ships at mid-tier shipbuilders that can offer earlier delivery dates, amid strong demand for tonnage. This month, two Chinese ship...

China delivers record LNG carrier as shipbuilding rivalry with South Korea intensifies

China has delivered its largest-ever liquefied natural gas (LNG) carrier, bringing the number of domestic shipyards capable of designing and building the advanced vessels to five,...

FT: China told Maersk and MSC to drop Panama port operations

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...