Search results for: cosco-shipping

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  • 6 September 2017
    Business & Finance

    China’s Cosco Shipping Lines Group has signed a time charter agreement with Singaporean owner Pacific International Lines (PIL) for twelve containerships. Under the deal, Cosco Shipping will lease a 6,500 TEU containership with shore supply and five 4,250 TEU containerships from PIL. On the other hand, PIL will charter in six 5,500 TEU  boxships from Cosco. After […]

  • 11 September 2019
    Business & Finance

    The 400-meter-long vessel was named COSCO Shipping Planet and handed over to its owner at the Chinese shipyard.

  • 4 January 2018
    Business & Finance

    Hudong-Zhonghua Shipbuilding has delivered COSCO Shipping Alps to COSCO Shipping Lines.

  • 22 December 2017
    Business & Finance

    COSCO Shipping International (Singapore) has transfered shares in its shipyard assets to COSCO Shipping Heavy Industry.

  • 29 August 2018

    China COSCO Shipping Corp said that its unit, COSCO Shipping Container Lines, has taken delivery of the 20,000 TEU LNG-ready containership, COSCO Shipping Scorpio.

  • 12 March 2019
    Business & Finance

    COSCO Shipping Lines has launched its newest 19,000+ TEU newbuilding at compatriot shipyard.

  • 4 October 2016
    Business & Finance

    China’s shipping firm COSCO Shipping (COSCOL) has been awarded a contract to transport modules weighing up to 1,800 tons from fabrication yards in Korea and Europe to the transshipment bases in the Black and Baltic seas. A fleet of 18 semi-submersible vessels and deck carriers will be utilized to perform about 60 shipments beginning in 2018 and […]

  • 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 […]

  • 29 November 2018
    Business & Finance

    COSCO Shipping Holdings received regulatory approval to raise RMB 15 billion via sale of notes and commercial paper.

  • 1 March 2018
    Business & Finance

    COSCO Shipping International (Singapore) recorded a net profit of SGD 263.9 million for 2017.

  • 26 July 2018
    Business & Finance

    COSCO Shipping has taken the helm at OOCL as it acquired a majority stake in the company.

  • 21 November 2018
    Business & Finance

    COSCO Shipping Specialized Carriers has ordered five 62,000 dwt multipurpose pulp carriers.

  • 3 April 2019

    Seaspan has signed a framework agreement for strategic cooperation with Cosco Shipping Energy Transportation for LNG-related investments.

  • 19 June 2017
    Business & Finance

    China’s Dalian Shipbuilding Industry Corp. (DSIC) held on June 5 a naming ceremony for Xin Long Yang, a very large crude carrier (VLCC) built for COSCO Shipping. On the occasion, representatives of the shipbuilder and the owner of the vessel also signed delivery and acceptance documents. The 308,000 dwt Xin Long Yang belongs to a new […]

  • 26 March 2018
    Business & Finance

    COSCO Shipping Ports ended 2017 on a high note, having more than doubled its profit.

  • 5 May 2017
    Business & Finance

    COSCO Shipping International (Singapore) has decided to sell equity interest in its shipyard assets for a price of CNY 1.46 billion (USD 211.5 million) to COSCO Shipping Heavy Industry. In an effort to centralize operations and management, the company said it will dispose of a 51% equity interest in COSCO Shipyard Group, a 50% equity interest in […]

  • 30 May 2018
    Business & Finance

    COSCO Shipping Corporation has taken delivery of its third 20,000 TEU containership, COSCO Shipping Virgo.

  • 27 March 2018
    Business & Finance

    China’s COSCO Shipping Lines has named COSCO Shipping Leo, a 20,000 TEU containership newbuild. 

  • 16 May 2013
    Business & Finance

    COSCO Shipping Europe B.V. held its official opening ceremony in its Rotterdam offices at Strevelsweg 700 on Tuesday the 14th of May 2013. COSCO Shipping Company’s CEO, Capt. Han Guomin, had specially flown in from Guangzhou to chair the event. It was attended by clients of his company’s fleet of semi-submersible heavylift vessels. Executives of […]

  • 19 April 2018
    Business & Finance

    One more 20,000 TEU containeship for COSCO Shipping Lines.

  • 30 March 2018
    Business & Finance

    COSCO Shipping delivered improved earnings in 2017 amid increasing demand for container shipping services.

  • 16 May 2017
    Business & Finance

    COSCO Shipping International (Singapore) has decided to strike off and formally dismiss two of its dormant subsidiaries, Cos Fair Shipping and Cos Glory Shipping. Namely, COSCO SHIPPING International said that an application was made to the Accounting and Corporate Regulatory Authority of Singapore (ACRA) by Cos Fair Shipping to strike its name off the register under Section 344 of the […]