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COSCO SHIPPING SPE. joins blockchain-powered platform GSBN

Container News Team - June 9, 2022 0

COSCO SHIPPING SPE. has decided to become a member of the Global Shipping Business Network (GSBN), a blockchain-based data exchange platform. On 1 June, the...

Russia – Ukraine Crisis: Impact on Global Shipping

Russian container market update: FESCO launches new service, COSCO and ZIM drop routes

Container News Team - June 1, 2022 0

Russian liner operator Far Eastern Shipping Company (FESCO) has launched a service connecting the Russian Far East with China and Vietnam, after the Israeli...

Cosco to invest US$3 billion in new Peruvian port

Container News Team - May 18, 2022 0

Cosco Shipping Ports (CSP) reportedly plans to invest around US$3 billion to build a container port in Peru, as the Chinese government advances the...

News

COSCO Shipping Ports enjoys profit boom in 2022 first quarter

Container News Team - May 4, 2022 0

COSCO Shipping Ports (CSP) has achieved significant year-on-year increases in both revenues and profits during the first quarter of the year, reporting US$329.7 million...

News

COSCO achieves first docking through 5G unmanned container trucks

Container News Team - April 29, 2022 0

COSCO Shipping announced that 5G unmanned container trucks have completed mixed operations for specialized vessels at Xiamen Ocean Gate Container Terminal. On 15 April, LE...

Dockworker seriously injured after 12-metre fall at Piraeus port

Antonis Karamalegkos - April 28, 2022 0

A dockworker fell from a height of 12 metres in the Greek port of Piraeus, while he was working on a container ship at...

News

COSCO achieves strong financial performance in 2021

Container News Team - March 31, 2022 0

The Chinese shipping giant, COSCO Shipping Holdings has announced its financial results for 2021, with profit attributable to equity holders completing US$14 billion, which...

News

COSCO launches electric container ship project

Container News Team - March 29, 2022 0

COSCO Shipping has unveiled plans for two 700 TEU electric container vessels, which are expected to operate on the Yangtze River mainline. Earlier in March,...

Port News

Port of Piraeus hits profitability record in 2021

Container News Team - March 15, 2022 0

Piraeus Port Authority (PPA) has reported the highest level of profitability in its history during 2021, with profit after taxes surpassing US$40 million (€36.8...

Services

COSCO launches new daily express service between Yantian and Hong Kong

Container News Team - March 11, 2022 0

COSCO Shipping has officially commenced its new daily express service between the major Asian ports in Yantian and Hong Kong. The new service launched on...

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