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Tag: COSCO SHIPPING PORTS

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

Antonis Karamalegkos - 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...
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Port News

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

Ioanna Kontos - 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...
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Port News

COSCO Shipping Ports invests in Egypt’s box terminal

Container News Team - 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,...
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News

COSCO SHIPPING Ports buys stakes in two Xiamen firms

Ioanna Kontos - 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...
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Port News

COSCO SHIPPING Ports reports box volume drop in January

Container News Team - 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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Port News

COSCO SHIPPING Ports boosts revenue and profit in 2022 first half

Container News Team - 0
COSCO SHIPPING Ports (CSP) has reported strong financial results in the first half of 2022, while the port/terminal operator's container volumes slightly increased in...
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Port News

Konecranes hybrid RTGs to enhance COSCO Spain box terminals

Container News Team - 0
Chinese container terminal operator COSCO SHIPPING Ports (Spain) Terminals (CSP) has ordered 11 eco-efficient hybrid Rubber-Tyred Gantry Cranes (RTGs), with six machines for their...
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Port News

COSCO delays investment in Hamburg terminal

Container News Team - 0
COSCO Shipping Ports, the port division of China's COSCO group, is delaying the expected completion of its proposed acquisition of a 35% stake in...
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Port News

COSCO SHIPPING Ports achieves significant revenue and profit growth

Container News Team - 0
COSCO SHIPPING Ports announced its operations and financial results for the first half of the year, in which the company achieved a slight 0.8%...
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Port News

Hutchison Ports enhances Egyptian portfolio signing concessions for two box terminals

Antonis Karamalegkos - 0
Hong Kong-based port operator Hutchison Ports has decided to invest further in the Egyptian container industry signing two concession agreements with the Egyptian Government...
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WiseTech Global takes over Australian GTM solution provider

News Ioanna Kontos - 0
WiseTech Global, developer of the CargoWise logistics platform, has announced an agreement to acquire BSM Global, an Australian-based provider of global trade management (GTM)...
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Weekly Highlights of Container Shipping Companies Stocks

News Giannis Nikolakis - 0
The container shipping sector experienced a dynamic week marked by fluctuations in stock prices, reflecting broader economic trends, trade dynamics, and geopolitical developments. Amid concerns...
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Evergreen diversifies into real estate to manage volatility

News Container News Team - 0
Evergreen Marine Corporation (EMC) has invested US$153 million to acquire real estate in New Jersey, US. The Taiwanese liner operator’s president, Wu Kuang Hui, said...
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How US agencies made a success of “complex” Dali salvage

CN Premium Articles Container News Team - 0
All salvage operations are complex and have their own particular challenges, but few recoveries can have had so many elements of potential danger as...
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