Search results for: China COSCO Shipping Corporation

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  • 6 November 2018
    Business & Finance

    Cosco linked to an order of up to 25 ships intended for shipping bauxite from Guinea to China.

  • 24 February 2017
    Business & Finance

    China COSCO Shipping Corporation plans to acquire shipyards owned by its subsidiary COSCO Corporation (Singapore) Limited. Under the plan, China COSCO will take over equity interests in COSCO Shipyard Group, COSCO (Nantong) Shipyard and COSCO (Dalian) Shipyard. The acquisition is part of China COSCO’s plan to centralize operations and management of the shipyard businesses. “The plans […]

  • 18 February 2016
    Business & Finance

    China Cosco Shipping Corporation Ltd was formally launched in Shanghai yesterday, a company created through the merger between China’s two shipping giants China Ocean Shipping (Group) Company and China Shipping Group. The new corporation enters the stage at a very tough period for the shipping industry suffering from overcapacity and low rates. However, China believes […]

  • 12 January 2018
    Business & Finance

    COSCOCS takes delivery of the first of ten 400,000 dwt very large ore carriers from Shanghai Waigaoqiao Shipbuilding.

  • 2 June 2017
    Business & Finance

    The LNG carrier CESI Beihai, ordered by a joint venture comprising Japan’s Mitsui O.S.K. Lines (MOL), China COSCO Shipping Corporation, and China Petroleum & Chemical Corporation (SINOPEC), was delivered at Hudong-Zhonghua Shipbuilding in Shanghai on June 1. Featuring a cargo tank capacity of 174,100 cbm, the CESI Beihai is the third vessel to serve the China FOB Transportation […]

  • 1 May 2016
    Business & Finance

    China COSCO Shipping’s container vessel Andronikos has won the draw for the first transit through the Expanded Panama Canal during the waterway’s inauguration on Sunday, June 26. Featuring a maximum capacity of 9,400 TEUs, the 299.98-meter long ship was elected during a draw held on Friday at the Panama Canal Administration Building. The Norwegian/Swedish shipping line Wallenius Wilhemsen […]

  • 2 November 2017
    Business & Finance

    Japanese shipping major Mitsui O.S.K. Lines (MOL) said today that China COSCO Shipping Corporation Limited will take an equity stake in MOL’s wholly owned subsidiary that will own four LNG carriers serving the Russia Yamal LNG project. COSCO Shipping informed earlier this week that the group’s board of directors had approved the acquisition of 50% stake in […]

  • 27 March 2018
    Business & Finance

    PAO Novatek has shipped its first LNG cargo produced by the Yamal LNG project to the Indian market.

  • 22 June 2016
    Business & Finance

    The newly-created shipping major China COSCO Shipping Corporation (COSCOCS) has revealed its intention to launch cruise lines in the South China Sea starting from July, local media reported. Namely, the company’s first route would depart from China’s Sanya to the Yongle Island, part of the disputed Xisha Islands, which are also claimed by Vietnam and Taiwan. The inaugural route would reportedly be […]

  • 22 April 2019
    Business & Finance

    China Cosco Shipping ordered up to ten 210,000 dwt bulk carriers from Cosco Shipping Heavy Industry.

  • 21 May 2018
    Business & Finance

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

  • 17 June 2016
    Business & Finance

    China’s shipping major China Cosco Shipping Group (Coscocs) has officially established its dry bulk shipping arm, Coscocs Bulk Shipping in Guangzhou, China on Thursday. The newly established company owns and operates a fleet of over 380 bulk carriers, with a total of some 34.5 million deadweight tons. The new company was formed as a result of a structural reorganization following […]

  • 1 November 2016
    Vessels

    Mitsui O.S.K. Lines (MOL) said that the Australia Pacific LNG-dedicated liquefied natural gas carrier CESI Gladstone has been delivered on Monday at Hudong-Zhonghua Shipbuilding in China.

  • 27 May 2019
    Business & Finance

    Two 20,000-plus TEU mega-vessels call at CSP Abu Dhabi Terminal, cementing its position as a global maritime hub.

  • 1 November 2016
    Business & Finance

    The first in a series of six liquefied natural gas (LNG) carriers, the CESI Gladstone, ordered by the joint venture of China COSCO Shipping Corporation Limited (China COSCO Shipping) and China Petroleum & Chemical Corporation (Sinopec), was delivered on October 31. Featuring a length of 290 meters and a width of 45.6 meters, the carrier was built […]

  • 18 March 2016
    Business & Finance

    The newly-created shipping major China COSCO Shipping Corporation (COSCOCS) has penned a 27-year agreement with Brazilian miner Vale that will see the Chinese shipping giant transport 16 million tons of iron ore for Vale on annual basis, the Chinese company said. The deal has been signed earlier today in Beijing and marks the first major deal COSCOCS has signed […]

  • 30 March 2018
    Business & Finance

    Ice-Breaking LNG carrier Vladimir Rusanov loads its first cargo at the Yamal LNG Plant, Sabetta Port, Russia.

  • 22 December 2017
    Business & Finance

    Japan’s MOL and China COSCO Shipping Corporation name their first Yamal ice-breaking LNG carrier Vladimir Rustanov.

  • 5 August 2016
    Business & Finance

    China Ocean Shipping Group (COSCO) and China Export-Import (EXIM) Bank signed a CNY 120 billion (USD 18 billion) strategic cooperation agreement in Beijing, as well as a term sheet to finance the construction of 50 ships. The deal was signed in an effort to help accelerate optimization of fleet structure and enhance international competitiveness, COSCO said. The signing […]

  • 5 September 2018

    Norway-based Torgy LNG has signed a deal with China’s Cosco Shipping Heavy Industry to build a liquefied natural gas (LNG) tank mock-up as a pilot project. The mock-up will help Torgy LNG to provide “package services to the potential user including the supply of IMO A type LNG tank, FGSS,” according to a statement by […]

  • 7 June 2019
    Business & Finance

    Sovcomflot, Novatek and Silk Road Fund signed a deal with China COSCO Shipping on Arctic shipping.

  • 23 April 2019

    The 400,000-ton ore carrier was built by Shanghai Waigaoqiao Shipbuilding.