Tags COSCO SHIPPING PORTS

Tag: COSCO SHIPPING PORTS

Eyebrows raised at China’s state-owned players’ increased stakes in European ports

Container News Team - September 20, 2023 0

Chinese companies hold investments in some 31 container seaport terminals in Europe and the Mediterranean as of end-August, reflecting the increased activity by China’s...

Port News

COSCO Shipping Ports announced decreased revenue for first six months of 2023

Container News Team - August 30, 2023 0

COSCO Shipping Ports Limited announced interim results of the Company and its subsidiaries for the 6 months ended 30 June 2023. More specifically, total throughput...

Port News

Germany approves COSCO investment in Hamburg container terminal

Antonis Karamalegkos - May 11, 2023 0

The German government has finally approved the acquisition of a minority stake in Container Terminal Tollerort (CTT) by COSCO Shipping Ports. The Chinese port operator...

Port News

COSCO Shipping Ports boosts first quarter profits with flat container volumes

Container News Team - April 27, 2023 0

Cosco Shipping Ports achieved a year-on-year increase of 11.2% in its gross profit for the first quarter of the year, reaching US$89.9 million. At the...

Port News

COSCO Shipping Ports achieves slight container growth in March

Container News Team - April 18, 2023 0

COSCO Shipping Ports reported that its total throughput in March 2023 increased by 0.6% year-on-year with the trend turning positive and showing a general...

COSCO Hamburg terminal deal in doubt after Germany’s second thoughts

Antonis Karamalegkos - April 13, 2023 0

Germany will reevaluate its decision to allow COSCO Shipping Ports to purchase a 24.9% stake in Hamburger Hafen und Logistik AG (HHLA) Container Terminal...

Port News

COSCO SHIPPING Ports exceeds 130 million TEUs in 2022, reports annual revenue of US$1.4 billion

Ioanna Kontos - March 30, 2023 0

COSCO SHIPPING Ports, a global port operator, released its annual results for the fiscal year that concluded on 31 December 2022. The Chinese port giant...

Port News

COSCO Shipping Ports invests in Egypt’s box terminal

Container News Team - March 16, 2023 0

COSCO SHIPPING Ports Limited (CSPL) has announced its investment in 25% of the equity in Sokhna New Container Terminal, Egypt. On 15 March, Zhao Fengnian,...

News

COSCO SHIPPING Ports buys stakes in two Xiamen firms

Ioanna Kontos - March 1, 2023 0

COSCO SHIPPING Ports confirmed the completion of the acquisition of 56% of the equity interest in Xiamen Haicang Free Trade Port Zone Company and...

Port News

COSCO SHIPPING Ports reports box volume drop in January

Container News Team - February 16, 2023 0

COSCO's port operating subsidiary, COSCO SHIPPING Ports saw its total container throughput decrease by 10.3% in January, compared with the same month last year. In...

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Tag: COSCO SHIPPING PORTS

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