china cosco

Monday, April 24, 2023
OOCL CFO Says It’s Impossible To Decouple From China

OOCL CFO Says It’s Impossible To Decouple From China

As geopolitical tensions rise, businesses are exploring alternatives to China for production and diversification, yet China’s vast influence in global

April 24, 2023
Total Views: 3537

Sunday, January 8, 2023
china cosco ship

China’s Cosco Nearing Hamburg Port Deal 

BERLIN, Jan 6 (Reuters) – German logistics firm HHLA HHFGn.DE and Cosco 601919.SS are close to finalising an agreement for

January 8, 2023
Total Views: 1546

Thursday, October 27, 2022
Olaf Scholz Suggests Europe Should ‘Diversify’ By Selling More Ports To China

Olaf Scholz Suggests Europe Should ‘Diversify’ By Selling More Ports To China

by Andreas Rinke (Reuters) German Chancellor Olaf Scholz on Thursday stressed the need for Europe to diversify its relations to ensure it is not dependent on

October 27, 2022
Total Views: 2058

Sunday, October 23, 2022
Port Of Hamburg

EU Warned Germany Against China Port Buy

by Markus Wacket (Reuters) The European Commission warned the German government last spring not to approve an investment by China’s Cosco into

October 23, 2022
Total Views: 7399

Thursday, September 22, 2022
china cosco ship

Hamburg Port Backs COSCO Terminal Acquisition Over German Government’s China Concerns

By William Wilkes and Arne Delfs (Bloomberg) — Hamburg Hafen und Logistik AG said the German government shouldn’t block a Chinese acquisition of a

September 22, 2022
Total Views: 962

Thursday, January 20, 2022
cosco containership

China’s COSCO Pays Huge Bonuses 30 Times Worker’s Salary Amid Container Shipping Boom

By Ann Koh (Bloomberg) — Asian shipping companies are offering mega bonuses to employees amid a boom in freight rates, with China’s state-owned

January 20, 2022
Total Views: 17854

Thursday, October 7, 2021
Piraeus Port

Greece Completes Transfer of Piraeus Port Stake to COSCO

ATHENS, Oct 7 (Reuters) – Greece’s privatisations agency transferred shares corresponding to a 16% stake in Piraeus Port Authority to Chinese port

October 7, 2021
Total Views: 700

Friday, September 27, 2019
vlcc supertanker
Maritime News

Tanker Rates Soar as U.S. Sanctions Rattle Crude Trade

By Florence Tan and Chen Aizhu SINGAPORE, Sept 27 (Reuters) – Key oil freight rates from the Middle East to Asia rocketed as much as 28% on Friday

September 27, 2019
Total Views: 58

Thursday, September 26, 2019
Stock photo shows an oil tanker at a terminal
Maritime News

China’s Unipec Scoops Up Charters as U.S. Sanctions COSCO Tankers

By Jonathan Saul and Chen Aizhu LONDON/SINGAPORE, Sept 26 (Reuters) – China’s Unipec has made replacement bookings for four oil shipments from the

September 26, 2019
Total Views: 17

Thursday, April 4, 2019
cosco containership
Maritime News

COSCO Shipping Secures IMO-Compliant Fuel Supply

SINGAPORE, April 4 (Reuters) – China Marine Bunker (PetroChina) Co Ltd, known as Chimbusco, has agreed a one-year supply deal with a COSCO Shipping Corp

April 4, 2019
Total Views: 22

Monday, December 10, 2018
china cosco ship
Maritime News

China’s Cosco Plans $200 Million Abu Dhabi Container Terminal Expansion

By Stanley Carvalho ABU DHABI, Dec 10 (Reuters) – China’s Cosco Shipping Ports Ltd plans to expand its container terminal in Abu Dhabi in the

December 10, 2018
Total Views: 17

Thursday, August 30, 2018
Cosco container ship

Profit Falls 98 Percent For Cosco

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

August 30, 2018
Total Views: 9

Wednesday, April 4, 2018
cosco containership
Maritime News

COSCO Back in the Black, With a Little Help from State Friends

By Mike Wackett (The Loadstar) – COSCO Shipping posted a net profit of $264m in 2017, reversing a loss of $1.1bn in the previous year, as it targets a

April 4, 2018
Total Views: 35

Tuesday, April 3, 2018
oocl containership
Maritime News

COSCO Shipping’s Takeover of OOCL to Close by End-June, Vice Chairman Says

By Brenda Goh SHANGHAI, April 3 (Reuters) – COSCO Shipping’s planned acquisition of Orient Overseas Container Line (OOCL) is on track to be

April 3, 2018
Total Views: 52

Wednesday, November 29, 2017
cosco developement

COSCO Takes Biggest Container Line Title from Maersk

By Mike Wackett (The Loadstar) – A 23% increase in containers lifted allowed Cosco to steal the top spot from Maersk Line in the third quarter. The

November 29, 2017
Total Views: 115

Wednesday, August 30, 2017
China Cosco Shipping containership

COSCO Shipping Books $288 Profit in First-Half of 2017

SHANGHAI, Aug 30 (Reuters) – China’s COSCO Shipping Holdings Co Ltd reported a first-half profit on Wednesday and forecast that improved demand in

August 30, 2017
Total Views: 6

Monday, July 10, 2017
COSCO Deal to Make Ex-Hong Kong Chief, Family $1 Billion Richer

COSCO Deal to Make Ex-Hong Kong Chief, Family $1 Billion Richer

By Robert Olsen (Bloomberg) — Former Hong Kong Chief Executive Tung Chee-hwa and his family will be about $1 billion richer with the sale of their

July 10, 2017
Total Views: 21

COSCO Containers

COSCO Buying OOCL Would Create Trans-Pacific Container King

By Kyunghee Park, Daniela Wei and Shawna Kwan (Bloomberg) — China is the new leader of shipping trade to the Americas. State-owned Cosco Shipping

July 10, 2017
Total Views: 55

cosco developement

COSCO Shipping to Buy OOCL for $6.3 Billion

By Brenda Goh and Matthew Miller SHANGHAI/BEIJING, July 9 (Reuters) – COSCO Shipping Holdings Co Ltd has offered to buy Orient Overseas International Ltd

July 10, 2017
Total Views: 105

Sunday, July 9, 2017
COSCO Containers

COSCO Offers $6.3 Billion For Orient Overseas

By Brenda Goh and Matthew Miller (Reuters) COSCO Shipping Holdings Co Ltd (601919.SS) has offered to buy Orient Overseas International Ltd (OOIL) (0316.HK) for

July 9, 2017
Total Views: 3


Maritime and offshore news trusted by our 93,915 members delivered daily straight to your inbox.