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Friday, September 17, 2021
Tags COSCO

Tag: COSCO

MCS resolves FMC dispute with COSCO, complaint against MSC pending

US furniture manufacturer MCS Industries, which had filed a complaint to the Federal Maritime Commission (FMC) alleging that Chinese state-owned shipping group COSCO Shipping...

COSCO could surpass CMA CGM as third largest container line

China’s COSCO group could overtake French carrier CMA CGM as the third-biggest container line if the latter does not acquire more ships. COSCO now has...

“Makeshift” boxships gain pace with Starbulk capesize carrying containers

With the shortage of container vessels hitting critical levels, some operators have begun using bulk carriers or other vessel types to move containers. Alphaliner reported...

Red-hot market swells COSCO’s H1 profit 21 times

COSCO Ship Holding’s 2021 first half profit rocketed 21-fold year-on-year to US$6.53 billion as the strong container shipping market propelled its earnings to new...

Top 10: The largest shipping lines in the world

It comes as no surprise, that the shipping companies are the most crucial part of the global supply chain. The container shipping lines, with...

MSC rejects MCS Industries allegations

Mediterranean Shipping Company (MSC) has announced it is "shocked" to learn of the accusations made and the complaint filed by MCS Industries with the Federal...

US furniture shipper files FMC complaint against MSC and COSCO

US furniture manufacturer, MCS Industries has filed a formal complaint against Mediterranean Shipping Company (MSC) and COSCO Shipping Lines to the Federal Maritime Commission...

COSCO opens new Wuhan terminal

COSCO Shipping Ports (CSP) has announced the launch of the operation of Wuhan Yangluo International Port Water-Rail Intermodal Container Transport Project (CSP Wuhan Terminal)...

COSCO invests US$1.5 billion in ten new vessels

COSCO Ship Holdings (CSH) has ordered ten ships, comprising six 14,092TEU vessels and four 16,180TEU ships from affiliate COSCO Shipping Heavy Industry (Yangzhou). The 14,092TEU...

COSCO and Seaspan ink fixed agreements for 17 container vessels

The Canada-headquartered container vessel owner and operator, Seaspan has forward fixed contracts, extending current lease terms for 17 container ships with COSCO SHIPPING Lines. The...
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Victoria container terminal completes automation upgrade of Navis N4 TOS

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Container caught fire on board Costamare’s feeder ship in Italy

The 1,078TEU Luebeck of the Greek ship owner, Costamare, has suffered a fire incident at the Catania port in Sicily, Italy on 16 September,...