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Tag: COSCO Shipping Development

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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 set to break ground on London Gateway expansion

Port News Antonis Karamalegkos - 0
DP World has received approval for the GB£1 billion (US$1.3 billion) London Gateway expansion project, which is expected to establish the facility as the...
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Kuehne+Nagel opens new logistics facility in Texas

News Ioanna Kontos - 0
Global logistics provider Kuehne+Nagel has announced the opening of a new Road Logistics facility in Laredo, Texas, United States. Spanning over 40,100 m², the facility...
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Rotterdam congestion drives ocean carriers away

Port News Antonis Karamalegkos - 0
Congestion at Rotterdam’s port terminals has forced ocean carriers to adjust their services to avoid delays at the major European hub. As a result, MSC...
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Maersk upgrades West Africa service

Services Antonis Karamalegkos - 0
Danish ocean carrier Maersk will expand its West Africa 3 (WAF3) service into the Mediterranean basin, adding Egypt's Port Said to the port rotation. The...
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