COSCO (Zhoushan) Shipyard announced the delivery of a pair of bulk carriers, the 82k DWT DL Acacia for South Korea’s Daelim Shipping and the 57k DWT OCEAN LADY for Athens-based Oceanstar Management.
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China's state-owned shipping giant COSCO rejected allegations it used concealed equipment on its vessels to collect intelligence for Beijing, calling the claims "totally unfounded" and false.
As geopolitical tensions rise, businesses are exploring alternatives to China for production and diversification, yet China’s vast influence in global trade makes it virtually impossible to remove the country from...
by Brenda Goh (Reuters) – China’s COSCO Shipping Holdings Co Ltd on Thursday said first-half profits fell 97.8 percent as it grappled with higher costs and a slide in freight...
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