Search results for: COSCO Shipping Development

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  • 14 November 2017
    Business & Finance

    China’s COSCO SHIPPING Development is to merge its subsidiaries CS Finance and COSCO Finance as it received an approval for the move from its Board of Directors on November 13. Pursuant to the approval, the company said that CS Finance will absorb and merge with COSCO Finance. Upon completion, CS Finance will continue as the surviving company […]

  • 30 January 2018
    Business & Finance

    Cosco Shipping Development expects to see a 2017 full-year profit increase of 252 percent.

  • 10 January 2018
    Business & Finance

    Cosco Shipping Development is planning to establish a shipping fund with China Cinda.

  • 11 January 2019
    Business & Finance

    Cosco Shipping Development signed a sale and leaseback deal for four 10,000 TEU containerships.

  • 7 March 2017
    Project & Tenders

    China’s COSCO Shipping Development signed a 10-year sale and leaseback arrangement with the liquefied natural gas shipper Golar LNG.

  • 7 March 2017
    Business & Finance

    Owner and operator of LNG carriers Golar LNG has entered into a sale and leaseback agreement for the 2014-built Golar Crystal with Hong Kong-based Cosco Shipping Development Co (CSDC). Under the deal, the CSDC is paying USD 187 million for the 160,000 m3 liquefied natural gas carrier, which will be chartered back to Golar LNG for […]

  • 13 February 2018
    Business & Finance

    Cosco Shipping Leasing is to raise USD 318.2 million through the issuance of asset-backed securities.

  • 4 July 2016
    Business & Finance

    Following the approval for a major asset restructuring received in February 2016, China Shipping Container Lines (CSCL) now said that it is expected to switch from a container liner operator into an integrated financial services platform with leasing businesses. The company’s new segments would cover vessel leasing, container leasing and non-shipping leasing as core and shipping financing as feature. […]

  • 12 October 2016
    Business & Finance

    China’s shipping company China Shipping Container Lines is looking to raise up to CNY 12 billion (USD 1.78 billion) as it plans to issue up to 3.27 billion of A shares. The shares would be priced at a minimum of CNY 3.66 per A share, CSCL said. Additionally, the company has agreed to subscribe for such number of A […]

  • 12 March 2017

    Chevron says expects first LNG from Gorgon Train 3 in March US-based energy giant Chevron expects to produce first liquefied natural gas (LNG) from the third liquefaction train of its giant Gorgon facility in Western Australia by the end of this month. CSDC, Golar LNG agree sale and leaseback of Golar Crystal China’s COSCO Shipping […]

  • 2 February 2016
    Business & Finance

    China Ocean Shipping (Group) Company (COSCO) has signed a cooperation agreement on Trans-Arctic shipping development with the provider of classification services American Bureau of Shipping (ABS) in Shanghai, China. COSCO and ABS aim to expand COSCO’s use of the Northeast Passage, for more regular trading, explore navigation in Northwest Passage, and develop ice-classed vessel types appropriate […]

  • 31 May 2017

    DEME has sent off its DP2 jack-up vessel Goliath to COSCO’s shipyard near Shanghai, where the vessel will undergo some last modifications before embarking on the installation of offshore wind farms off the eastern coast of China.

  • 12 August 2011
    Business & Finance

    Seaspan Corporation announced today that it accepted delivery of a 13100 TEU containership, the COSCO Development, on August 10, 2011. The new containership, which was constructed by Hyundai Heavy Industries Co., Ltd., is Seaspan’s ninth delivery in 2011 and expands the Company’s operating fleet to 64 vessels. The COSCO Development is on charter to COSCO […]

  • 21 May 2018
    Business & Finance

    COSCO Shipping Ports and its partners are to develop terminal extended services and port supply chain platform.

  • 12 August 2011

    Seaspan Corporation announced today that it accepted delivery of a 13100 TEU containership, the COSCO Development, on August 10, 2011. The new containership, which was constructed by Hyundai Heavy Industries Co., Ltd., is Seaspan’s ninth delivery in 2011 and expands the Company’s operating fleet to 64 vessels. The COSCO Development is on charter to COSCO […]

  • 30 June 2020
    Infrastructure, Vessels

    China COSCO Shipping on Tuesday said it has placed an order for three liquefied natural gas (LNG) carriers at Hudong Zhonghua Shipbuilding.

  • 22 April 2013
    Business & Finance

      According to the Environmental Ship Index, the container ship Cosco Pride was the most sustainable vessel to call at the port of Rotterdam last year. Cosco Container Lines actually had five ships in Rotterdam’s top ten sustainable ships in 2012. Saturday 20 April, the Cosco Pride was back in Rotterdam. In honour of its […]

  • 20 June 2018
    Business & Finance

    China’s COSCO Shipping Lines has welcomed to its fleet another 14,500 TEU newbuild, COSCO Shipping Denali. 

  • 8 June 2016
    Business & Finance

    Chinese shipping major China COSCO Shipping Co. has established a new tanker shipping company named COSCO Shipping Energy Transportation Co.Ltd. The new company was officially launched on June 6th in Shanghai, marking the integration of COSCO’s shipping businesses and also opening a new page for energy transportation, Executive Vice President of China COSCO Shipping Corporation Limited Sun […]

  • 28 September 2016
    Business & Finance

    Abu Dhabi Ports has awarded a concession to build and operate a new container terminal at Khalifa Port to Cosco Shipping Ports Limited – Abu Dhabi (CSPL SPV), a wholly-owned subsidiary of Cosco Shipping Ports Limited. As per the agreement, the company will be entitled concession rights of Khalifa Port Container Terminal 2 for a span […]

  • 12 January 2017
    Business & Finance

    Shipping giant China Cosco Shipping Group (Coscocs) has entered into a CNY 180 billion (USD 26 billion) financing agreement with China Development Bank (CDB), according to information provided by the company. The financing deal, which will cover the period of the next five years until 2021, would be mostly used to boost China’s One Belt, One […]

  • 14 December 2015
    Business & Finance

    China’s State-owned Assets Supervision and Administration Commission of the State Council has given its in-principle approval for the proposed merger of the country’s shipping giants, China Ocean Shipping (Group) Company and China Shipping (Group) Company, COSCO confirmed in a release. COSCO said that the present stage of the reorganisation would involve mainly the container shipping, ship […]