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Liner operators’ margins hit post-Covid peak

Container News Team - September 4, 2024 0

Alphaliner’s report today (4 September) stated that margins for the nine largest liner operators topped 20% in Q2 2024, the highest since the Covid-19...

Out of the Box

COSCO invests in 42 new bulk carriers

Ioanna Kontos - September 2, 2024 0

On 30 August, COSCO SHIPPING Development finalized a major agreement to invest in, construct, and lease 42 bulk carriers. This agreement represents the largest shipbuilding...

Services

Diamond Line restarts Greece-Croatia shuttle service

Antonis Karamalegkos - August 16, 2024 0

COSCO-owned company Diamond Line has announced the relaunch of its Piraeus Rijeka Shuttle (PRS) service. This weekly service connects Croatia to COSCO's global service network...

News

COSCO SHIPPING builds smart, integrated global ecosystem

Ioanna Kontos - August 9, 2024 0

COSCO is integrating cutting-edge technologies like the Internet of Things (IoT) to drive the high-quality development of industrial and supply chains. The firm's IoT technology...

FMC rules shipments cannot be declined for commercial reasons, ignores box lines’ objections

Container News Team - July 26, 2024 0

Despite major container lines' objections, the US Federal Maritime Commission (FMC) has decreed that liner operators cannot use “business decisions” to refuse to move...

Services

COSCO launches maiden voyage of Transpacific service

Ioanna Kontos - July 5, 2024 0

On 24 June, COSCO's SEA3 route successfully embarked on its maiden voyage with the Xin Fei Zhou departing from the port of Yantian in...

COSCO switches 16,000 TEU quartet to run on methanolhit

Container News Team - June 3, 2024 0

COSCO Shipping Lines has announced that it will switch four 16,000 TEU newbuildings to be dually fuelled with methanol, from conventional fuel. The company said...

News

COSCO secures first full-container industry chain transformation finance project

Container News Team - May 29, 2024 0

COSCO SHIPPING Development and Standard Chartered Bank (China) Limited have entered into a framework agreement focussed on transforming the container industry chain and fostering...

Red Sea crisis still leaves alliances short of ships, as newbuildings fully absorbed

Container News Team - May 15, 2024 0

The three container shipping alliances are still short of 36 ships, or 10% of the required tonnage, to entirely fulfill their 25 Asia –...

Services

Box lines start Asia-Mexico services as rates hit 20-month high

Container News Team - May 9, 2024 0

Mainline operators have been starting services connecting China with Mexico as freight rates have reached a near two-year high. Freight rates for containers from Chinese...

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Tag: COSCO

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