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cosco


Sunday, October 23, 2022
Ports

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: 7452

Friday, October 21, 2022
Ports

German Chancellor Tries to Quell Dispute Over Port Deal with China’s COSCO

By Arne Delfs and Birgit Jennen (Bloomberg) — German Chancellor Olaf Scholz denied reports that he has already reached a decision over the disputed sale

October 21, 2022
Total Views: 1099

Thursday, September 22, 2022
Ports

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: 1011

Monday, September 19, 2022
Ports

Hamburg Mayor Says Rejecting China COSCO Bid for Container Terminal Would Be Competitive Disadvantage

BERLIN, Sept 19 (Reuters) – Germany would put its port of Hamburg at a competitive disadvantage if it quashed a bid from China’s Cosco to

September 19, 2022
Total Views: 1304

Wednesday, September 7, 2022
Shipping

Two-Tier Market Emerges as Container Spot and Contract Rates Diverge

By Nick Savvides (The Loadstar) – A two-tier market within the container shipping sector is opening up as spot rates in key trades collapse. Carriers

September 7, 2022
Total Views: 4288

Thursday, January 20, 2022
cosco containership
Shipping

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: 17952

Tuesday, December 7, 2021
Shipping

COSCO Denies Link to Transpacific Cargo Loss Accident

COSCO Shipping Lines says it is not the operator of the MV COSCO Nagoya which lost dozens of containers overboard in the Pacific Ocean last month. The ship is

December 7, 2021
Total Views: 5023

Thursday, October 7, 2021
Piraeus Port
Shipping

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: 754

Thursday, September 30, 2021
Ports

China’s COSCO To Raise Piraeus Port Stake

by Angeliki Koutantou (Reuters) Greek lawmakers on Thursday approved an amended deal with Chinese shipping group COSCO that will allow it to raise its stake

September 30, 2021
Total Views: 1178

Tuesday, September 21, 2021
Shipping

US And China Compete To Rebuild Sudan’s State Shipping Firm

By Mohammed Alamin (Bloomberg) Sudan’s state shipping company is considering a Chinese offer to revamp a fleet that’s shrunk to just one boat as the

September 21, 2021
Total Views: 1723

Friday, June 25, 2021
Shipping

Seaspan Forward-Fixes Charters for 17 Containerships with COSCO

Containership leasing company Seaspan Corporation has announced it has forward-fixed contracts and extended current lease terms for 17 containerships with

June 25, 2021
Total Views: 1930

Monday, November 11, 2019
cosco shipping
Shipping News

China, Greece Agree to Push Ahead with COSCO’s Piraeus Port Investment

ATHENS, Nov 11 (Reuters) – China and Greece agreed on Monday to push ahead with a 600 million euros investment by COSCO Shipping into Greece’s

November 11, 2019
Total Views: 47

Friday, September 27, 2019
vlcc supertanker
Shipping 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: 80

Thursday, September 26, 2019
cosco
Shipping News

U.S. Slaps Sanctions on COSCO Tanker Units

The sanctions targeted COSCO Shipping Tanker (Dalian) Co. and COSCO Shipping Tanker (Dalian), along with Seaman & Ship Management Co. and a handful of

September 26, 2019
Total Views: 57

Friday, March 29, 2019
cosco containership
Shipping News

COSCO Flags Risks from Oil Price, Trade Dispute as Profit Halves

SHANGHAI, March 29 (Reuters) – China’s COSCO Shipping Holdings Co Ltd said trade frictions and high oil prices pose risks for the global shipping

March 29, 2019
Total Views: 14

Thursday, December 13, 2018
cosco shipping
Ports

Blackstone, KKR Said to Pursue $1 Billion Container Terminal in Long Beach

By Gillian Tan and Vinicy Chan (Bloomberg) — Cosco Shipping Holdings Co.’s sale of a container terminal in Long Beach, California has drawn interest

December 13, 2018
Total Views: 107

Friday, December 7, 2018
cosco shipping
Shipping News

China’s COSCO Shipping Considers London Listing – Sources

By Jonathan Saul LONDON, Dec 7 (Reuters) – China’s largest shipping group, COSCO Shipping, is considering raising capital for the first time

December 7, 2018
Total Views: 34

Thursday, August 30, 2018
Cosco container ship
Finance

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: 25

Monday, August 6, 2018
COSCO Upbeat on OOCL Despite $73 Million Loss in First Half
Shipping News

COSCO Upbeat on OOCL Despite $73 Million Loss in First Half

By Mike Wackett (The Loadstar) – Orient Overseas International (OOIL) suffered a loss of $73m in its OOCL container business in the first six months

August 6, 2018
Total Views: 42

Wednesday, July 25, 2018
cosco containership
News

COSCO Hit By Apparent Cyber Attack, Causing ‘Network Breakdown’ in Americas

China’s COSCO Shipping Lines has been hit by an apparent cyber attack that has caused a ‘network breakdown’ within its Americas region, the

July 25, 2018
Total Views: 58
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