Tuesday, February 9, 2016
German Salvage Tug Assisting Container Vessel
News

Team of Tugs Pull CSCL Indian Ocean Free from Elbe Riverbed

Above is an AIS recreation of the refloating from VesselTracker: One of the world’s largest containerships was pulled free overnight after spending five days hard aground on Germany’s Elbe River....

February 9, 2016
Total Views: 10

Monday, January 4, 2016
Maritime News

COSCO, China Shipping Merger to Result in New Company, Regulator Says

SHANGHAI, Jan 4 (Reuters) – China Ocean Shipping Group Co (COSCO) and China Shipping Group Co will become a new entity after merging, led by the latter’s current chairman, China’s...

January 4, 2016
Total Views: 0

Friday, December 11, 2015
Maritime News

It’s Official: China Confirms COSCO, China Shipping Merger

By Bloomberg News (Bloomberg) — China announced plans to reorganize two major shipping groups with combined revenue of more than $40 billion, paving the way for the creation of one...

December 11, 2015
Total Views: 10

Thursday, December 10, 2015
Maritime News

China Approves COSCO, China Shipping Merger, Announcement Expected Soon -Report

The Chinese government has reportedly approved the long-anticipated merger between two of China’s largest shipping groups, China Ocean Shipping Group Co (COSCO) and China Shipping Group, according to a report Beijing-based Caixin...

December 10, 2015
Total Views: 4

Monday, November 2, 2015
MSC Oscar
Maritime News

CSCL Confirms Charters for Six 21,000 TEU Containerships

  A unit of China Shipping Container Lines (CSCL) has entered into bareboat charter agreements for the leasing of six ultra-large containerships with a near record-setting carrying capacity of 21,000...

November 2, 2015
Total Views: 6

Tuesday, August 11, 2015
News

COSCO and China Shipping Group In Merger Talks, Sources Say

  By Brenda Goh SHANGHAI, Aug 11 (Reuters) – China Ocean Shipping (Group) Company (COSCO) and China Shipping Group are in talks over a possible merger, a person with direct...

August 11, 2015
Total Views: 4

Monday, August 10, 2015
cscl containership
News

China Considers Merging CSCL and COSCO in Major State-Owned Overhaul -REPORT

  By Bloomberg News (Bloomberg) — China’s stocks rallied for their biggest gain in a month amid speculation the government will accelerate mergers of state-owned enterprises to bolster economic growth....

August 10, 2015
Total Views: 1

Thursday, July 30, 2015
cscl containership
News

CSCL Inks Shipbuilding Contracts for Eight 13,500 TEU Containerships

  China Shipping Container Lines (CSCL) has entered into agreements for the construction and purchase of eight 13,500 TEU capacity containerships. The shipbuilding contracts are valued at US $934.4 million...

July 30, 2015
Total Views: 0

Friday, December 26, 2014
News

CSCL’s Second 19,100 TEU Giant Named and Delivered in South Korea

The second installment of the new world's largest containership by TEU capacity, CSCL Pacific Ocean, has officially been named and delivered by the Hyundai Heavy Industries shipyard in South Korea.

December 26, 2014
Total Views: 1

Tuesday, November 18, 2014
Interesting

CSCL Globe – Introducing the New World’s Largest Containership

Move over Triple-E's, there's a new big dog in town.

November 18, 2014
Total Views: 33

Tuesday, September 30, 2014
cscl venus containership
Maritime News

China Gives Four Shipping Lines $293 Million to Upgrade Fleets

China has given four shipping lines including China Cosco 1.8 billion yuan ($293.3 million) in subsidies to encourage them to retire and upgrade their vessels, the four companies said.

September 30, 2014
Total Views: 2

Thursday, September 18, 2014
Maersk Triple-E Ship at night
Maritime News

China Set to Claim Lead for Biggest Containership by a Meter

By Clement Tan and Kyunghee Park Sept. 18 (Bloomberg) — In shipping these days, bigger is better. Even if it’s just one meter. China Shipping Container Lines Co. is ready...

September 18, 2014
Total Views: 3

Tuesday, April 29, 2014
cscl venus
Maritime News

2013 Was a Tough Year for China Shipping

China Shipping Container Lines (CSCL) released their 2013 annual report today, and with it, revealed a year that showed major financial losses to the company due to a continued mismatch...

April 29, 2014
Total Views: 5

Thursday, February 20, 2014
evergreen shipping container

CKYH Regroups With Evergreen to Fight the P3 and G6 – Will CSCL be Next to Link Up?

In the worst-kept secret in container shipping, the CKYH alliance of Cosco, K Line, Yang Ming and Hanjin Shipping is to team up with Taiwan’s Evergreen Line on the Asia to Europe tradelanes to form an enlarged operational grouping to be known as the CKYHE alliance.

February 20, 2014
Total Views: 6

Monday, January 20, 2014
cscl venus
Interesting

HHI Cuts Steel on Next World’s Largest Containership

South Korea's Hyundai Heavy Industries (HHI), the world’s largest shipbuilder, has cut steel on the first of five 19,000 TEU containerships for China Shipping Container Lines (Hong Kong) Co., Ltd, marking the official start of construction on the soon-to-be record breaking ships.

January 20, 2014
Total Views: 4

Thursday, September 19, 2013
china shipping container lines cscl
Maritime News

CSCL Sells Pair of 1985-Built Containerships for Scrap

CSCL announced today the sale of two containerships to CIC Digang for their eventual scrapping. The two vessels are the Xiang Hu and the Xiang Kai, both built in 1985 with capacities of...

September 19, 2013
Total Views: 0

Monday, July 1, 2013
Maritime News

COSCO, CSCL Drop Iran Ties As Latest U.S. Sanctions Bite

Two top Chinese shipping lines severed ties with Iran as tough new U.S. sanctions over the country's disputed nuclear programme came into effect on Monday, leaving the country increasingly dependent on front companies and overland routes.

July 1, 2013
Total Views: 0

Friday, May 10, 2013
maersk line triple-e containership
Maritime News

Largest Container Ships Help Hyundai Heavy Crack China

(Bloomberg) — Hyundai Heavy Industries Co. failed for eight years to win ship orders from China. That ended when it pledged to build the world’s biggest container carrier. China Shipping...

May 10, 2013
Total Views: 8

Monday, April 29, 2013
china shipping container lines cscl
Maritime News

CSCL to Build Five 18,000 TEU Containerships

In a stock exchange announcement over the weekend, China Shipping Container Lines has expressed their intentions to build five, 18,000 TEU containerships. The new build contract has apparently not yet...

April 29, 2013
Total Views: 0

Saturday, January 19, 2013
china shipping container lines cscl venus
finance

After Losing Billions in 2011, CSCL Will Likely Post Net Profit in 2012

SHANGHAI–China Shipping Container Lines Co. (2866.HK, 601866.SH) said it expects to swing to a net profit in 2012 thanks to recovering demand and freight rates in the shipping industry. In...

January 19, 2013
Total Views: 0