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Tag: COSCO Shipping Development

Out of the Box

COSCO invests in 42 new bulk carriers

Ioanna Kontos - 0
On 30 August, COSCO SHIPPING Development finalized a major agreement to invest in, construct, and lease 42 bulk carriers. This agreement represents the largest shipbuilding...
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COSCO SHIPPING launches 700 TEU electric boxship

Container News Team - 0
COSCO SHIPPING Development successfully launched a 700 TEU electric container vessel (N997) on 26 July at No.1 Shipyard of COSCO SHIPPING Heavy Industry in...
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COSCO Shipping Development acquires affiliate’s container business

n.savvides - 0
COSCO Shipping Development (CSD), the affiliated tonnage provider to COSCO Ship Holdings (CSH), will acquire four of the latter's container-manufacturing subsidiaries, in order to...
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Container shortages fill CIMC’s order books

n.savvides - 0
China International Marine Containers, the world’s largest container manufacturer, has stated that the shortage of containers has resulted in a slew of orders, keeping...
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DP World and J.P. Morgan launch partnership

News Alexandros Itimoudis - 0
DP World Trade Finance has joined forces with J.P. Morgan to enhance access to working capital across emerging markets, addressing the persistent global trade...
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Red Sea shipping traffic rebounds as Houthis limit targets

News Alexandros Itimoudis - 0
Red Sea maritime traffic has increased by 60% to approximately 36–37 vessels per day since August 2024, as Reuters reported. However, it still falls short...
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CMA CGM applies new surcharge from Far East to West Africa

Rates & Surcharges Container News Team - 0
French ocean carrier CMA CGM has announced a peak season surcharge (PSS) for shipments from Northeast Asia, Southeast Asia, China and Hong Kong &...
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China to counterbalance Panama setback through South America projects

CN Premium Articles Alexandros Itimoudis - 0
As geopolitical tensions deepen and shipping lanes become politicized battlegrounds, China is recalibrating its approach to the Western Hemisphere. The recent retreat of CK Hutchison...
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