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cosco

Four-ship service to the Med

Evergreen is teaming up with COSCO and Yang Ming Line (YML) to create a new joint North Europe – Mediterranean service. The Europe – Med Express (EMX) will use four 4,250teu ships one provided by Evergreen and YML respectively and three by COSCO with a port rotation including Felixstowe to Casablanca, Piraeus, Alexandria, Haifa, Mersin and returning via Piraeus and Casablanca to north Europe. It gives Evergreen a direct connection from ... [+]

Updated: Grounded Cosco ship brings Antwerp to a halt

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 ... [+]

Cosco-OOCL merger to create world’s third largest shipping line

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 ... [+]

Felixstowe welcomes new Turkey link

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 ... [+]

Cosco ship is first Neopanamax

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 ... [+]

French-Far East alliance set to shape up shipping

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 ... [+]

New Chinese shipping giant emerges

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 ... [+]

China shipping giants to merge

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 goes into an alliance at last: Updated

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 ... [+]

New joint Far East service – details revealed

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 ... [+]

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