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PSA seeks bidders for its CK Hutchison stake; China giants among potential buyers

Container News Team - March 16, 2023 0

Chinese state-owned giants, China Cosco Shipping Corp. and China Merchants Group, seem to be interested in acquiring PSA International Pte’s minority stake in Hong...

News

GSBN, COSCO, OOCL, and SICIT partner to boost safety in chemical cargo transportation

Ioanna Kontos - March 9, 2023 0

Global Shipping Business Network (GSBN), an independent, non-profit blockchain technology consortium, announced its collaboration with COSCO SHIPPING Lines, Orient Overseas Container Line (OOCL) and the...

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Top 10: The largest container lines in terms of owned carrying capacity

Ioanna Kontos - February 22, 2023 0

Here comes another top-10 list by Container News. This time, we will see the largest container shipping companies in terms of owned carrying capacity. After...

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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OOCL receives its first giant vessel with over 24,000 TEU capacity

Antonis Karamalegkos - February 16, 2023 0

Orient Overseas Container Line (OOCL) received its first 24,188 TEU container ship, which was officially named "OOCL Spain" at a ceremony held on 16...

News

COSCO establishes China Electric Ship Innovation Alliance

Ioanna Kontos - February 14, 2023 0

China COSCO Shipping Corporation Limited and COSCO Shipping Development developed the China Electric Ship Innovation Alliance which was established on 8 February. At the founding...

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Update: Lethal earthquake paralyses Turkish ports, container lines announce operation adjustments

Container News Team - February 8, 2023 0

An earthquake measuring 7.8 on the Richter scale occurred on the border between Turkey and Syria, on the morning of 6 February leading many...

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COSCO launches new car transportation service through Piraeus port

Container News Team - February 6, 2023 0

Piraeus Port Authority (PPA) and COSCO Shipping Specialised Carriers jointly launched a new car shipment route and service in EMEA (Europe, the Middle East...

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Top 10: The largest container lines in terms of chartered carrying capacity

Ioanna Kontos - January 30, 2023 0

Container shipping companies were on newbuild ordering spree during 2022 with the majority of them ordering new boxships driven by all-time record freight rates....

News

COSCO pays over US$800 million for minority stake in COFCO Fortune

Ioanna Kontos - January 17, 2023 0

COSCO Shipping Holdings has agreed to acquire a 5.8% stake in COFCO Fortune, a food processing and transportation subsidiary of the Chinese state agricultural...

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Tag: COSCO

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