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Tags COSCO Shipping Development

Tag: COSCO Shipping Development

COSCO invests in 42 new bulk carriers

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...

COSCO SHIPPING launches 700 TEU electric boxship

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...

COSCO Shipping Development acquires affiliate’s container business

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...

Container shortages fill CIMC’s order books

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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Red Sea shipping traffic rebounds as Houthis limit targets

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...

CMA CGM applies new surcharge from Far East to West Africa

French ocean carrier CMA CGM has announced a peak season surcharge (PSS) for shipments from Northeast Asia, Southeast Asia, China and Hong Kong &...

China to counterbalance Panama setback through South America projects

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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