cosco
Vessel movements into and out of Antwerp have been halted by a grounded container ship in the river Scheldt. Tugs are attempting to tow the 14,000teu CSCL Jupiter off the bank but it is unclear when this will happen. The ship was later reported to have been refloated on the evening of Monday 14 August.
[+]
China’s Cosco Shipping confirmed market talk on 9 July when it announced that it was buying a nine-tenths share of Hong Kong-based Orient Overseas International, parent company of OOCL, with Shanghai International Port Group (SIPG) taking the remaining 10%. The deal is subject to regulatory approval, but has been accepted ...
[+]
A new joint weekly Cocso-OOCL North Europe Turkey Express service has made its first call in Felixstowe. It also calls at Hamburg, Antwerp, Piraeus, Istanbul-Ambarli (Kumport), Gebze (Yilport), Izmir and Salerno. Cosco Shipping and OOCL are both members of the new Ocean Alliance which has chosen the Port of Felixstowe ...
[+]
The Cosco Shipping Panama opened the enlarged Panama Canal on 26 June and introduced a new term in the shipping lexicon – Neopanamax. Originally named Andronikos, the 9.472teu vessel was renamed in honour of the event and the almost 40,000 workers who made the Expansion a reality.
The expansion programme included ...
[+]
Shipping analysts Alphaliner claim that CMA CGM is orchestrating a 'super-alliance', CCEO, that would also include COSCO (presumably the enlarged COSCOCS), Evergreen and OOCL. Alphaliner suggest that CCEO would have a combined vessel capacity of 2.5 to 3m teu, well ahead of the G6's current 1.7m teu.
CCEO would also be ...
[+]
The merged COSCO and China Shipping has been relaunched as China Cosco Shipping Corporation (COSCOCS). With it, the Chinese government hopes to create a global operator with enough muscle to counteract other major global operators such as Maersk Line and stem the two operators' mounting losses.
COSCOCS would own 830 vessels ...
[+]
Hot on the heels of CMA CGM’s plan to take over Singapore’s NOL, two giants of Chinese shipping have confirmed that they are to merge after China’s state cabinet approved the deal.
China Ocean Shipping Company (COSCO) and China Shipping Group - currently sixth and seventh largest lines respectively - say ...
[+]
Evergreen, one of the last major shipping lines to operate independently, is to join in an alliance with four other lines. The Taiwanese operator, together with Cosco, K Line, Yangming and Hanjin will set up the CKYHE Alliance which will operate only on trades between Asia and Europe, including the ...
[+]
Cosco, “K” Line, Yang Ming, Hanjin and Evergreen have published further details of the new joint service announced in December last year. The lines will sign individual cooperative arrangements on the Asia-Europe trades from April 2012 with eight weekly services between North Europe and Asia and four between the Mediterranean ...
[+]
« Back
