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Monday, June 21, 2021
Tags COSCO

Tag: COSCO

COSCO inks cooperation deal with UN’s branch

COSCO Shipping Lines (COSCON) has signed a cooperation agreement with the United Nations' food assistance branch World Food Programme (WFP). Under the agreement, COSCON will...

COSCO increases Far East prices

COSCO Shipping Lines is planning an implementation of a new General Rate Restoration for all shipments from Far East to Latin America & Africa ports with...

Hanoi acts to cool overheated freight market

The Vietnamese government has joined its counterparts in China, Taiwan, the US and South Korea, by intervening to cool the overheated container shipping market. Vietnam’s Ministry of Industry...

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...

MSC adds second-hand tonnage to its fleet

The Mediterranean Shipping Company (MSC) has been busy in the second-hand vessel market adding six container ships to its fleet, according to shipbroking reports. The...

Ocean Alliance updates European products

The Ocean Alliance has announced changes in two Asia-Europe products, Loop 4 (LL4) and Loop 5 (LL5), in order to offer "more competitive and...

Carriers using digitalisation to marginalise forwarders

Container shipping lines are using their online platforms to shift shippers away from freight forwarders and move them into a direct relationship with the...

Far East-Australia demand pushes rates to levels not seen for a decade

Container freight rates from East Asia to Australia have reached a 10-year high, rising to over US$1,648/TEU as of 9 October 2020, according to...

CMA CGM regains online systems control after two weeks

CMA CGM Group has confirmed it has restored all the applications and main functionalities of its e-commerce websites, such as bookings, tracking, route finder,...

Hainan SEZ lures liner operators

The new status of China's Hainan island, which is situated off Guangxi, in southwest China and east of Vietnam, as a special economic zone...
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ONE partners with Rutgers Business School

Ocean Network Express (ONE) has entered into a partnership with Rutgers Business School (RBS) in June 2021 to gain direct outreach to RBS' academic resources...

Mitsubishi HC Capital buys CAI International

US-based container lessors CAI International and Beacon Intermodal Leasing have come under the same ownership, after Japanese leasing group Mitsubishi HC Capital acquired CAI...

Hamburg Süd vessel hits ferry pier in Santos

The 11,503TEU container ship, Cap San Antonio, crashed into a ferry pier in the Port of Santos in Brazil on 20 June. The floating...

Ports of Auckland halts automated operations due to software malfunction

An incident in the automated area of the Ports of Auckland (POAL) has forced New Zealand's port to temporarily expand manual operations at the...