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Friday, February 23, 2024
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Tag: COSCO

Lack of newbuildings costs OCEAN Alliance’s Asia-Europe frequency

Since the members of OCEAN Alliance (CMA CGM, COSCO Shipping Lines and Evergreen Marine Corporation) did not have many newbuildings join their fleets, nor reassign...

Transpacific container trade bounces back in the beginning of 2024

Transpacific eastbound box volumes have rebounded by 16.9% in January 2024 and full-year volumes are expected to record positive growth again after falling by...

Red Sea crisis sees COSCO and MSC perform ad hoc North Europe-Med feedering

COSCO Shipping Lines and MSC have each taken out a ship from their Transatlantic services to feeder containers between North Europe and the Mediterranean,...

Peak in scrubber-installed boxship fleet

The number of scrubber-fitted container ships is now at an all-time high of 36% of the global boxship fleet, due mainly to MSC's preference...

Hapag-Lloyd’s departure shakes-up THE Alliance

Shipping pundits are expecting liner alliances to be redrawn, after Maersk Line and Hapag-Lloyd announced on 17 January that they will form Gemini Cooperation...

COSCO and Fratelli Cosulich acquire Italy-based logistics company

COSCOS, the joint venture between the Chinese shipping giant COSCO Shipping and Italian shipping group Fratelli Cosulich, has acquired Novara-based logistics company Trasgo. Trasgo holds...

Russia-bound ships immune from Houthi attacks

Ships involved in the niche Far East-Russia trade appear to be unperturbed by Houthi attacks, as the vessels have enjoyed uneventful transits through the...

COSCO halts shipping to Israel, Israeli media reports

Chinese container giant COSCO has decided to suspend shipping to Israel, according to Israeli financial news website Globes. The report did not include any more...

COSCO partners with MAN Energy Solutions for container vessel retrofit solutions

COSCO Heavy Industry Shanghai has formalised a strategic agreement with MAN Energy Solutions for the methanol retrofitting of four main engines on COSCO Line's...

CMA CGM and Cosco jointly launch Far East – Indian West Coast service

French ocean carrier CMA CGM and Chinese shipping giant Cosco Shipping Lines have joined forces for a new container connection between the Far East...
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