Search results for: cosco

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  • 13 November 2013
    Business & Finance

    On November 6, the christening ceremony of 13386-TEU container ship MV. COSCO NETHERLANDS was grandly held at Nantong COSCO KHI Ship Engineering. Mr. Han Chengmin, President of NACKS, Mr. Hou Liping, Deputy Managing Director of COSCON and other guests from COSCON and COSCO Mercury attended and witnessed the ceremony. Ms. Mu Wen, Executive Vice President […]

  • 13 June 2011
    Business & Finance

      The christening ceremony for MV. COSCO Glory and MV. COSCO Pride, two of the series of 13100TEU container ships built by Ulsan Shipyard of Hyundai Heavy Industry (“HHI”), was attended and witnessed by Capt. Wei Jiafu, President & CEO of COSCO Group, and Dr. Sun Jiakang, Vice President of COSCO Group. The ceremony was […]

  • 13 November 2013

    Nantong COSCO KHI Ship Engineering, a large-scale shipbuilding joint venture between China Ocean Shipping (Group) Company (COSCO) and Kawasaki Heavy Industries Ltd. (KHI), has christened the 13386-TEU container ship MV Cosco NETHERLANDS. Mr. Han Chengmin, President of NACKS, Mr. Hou Liping, Deputy Managing Director of COSCON and other guests from COSCON and COSCO Mercury attended and […]

  • 2 September 2013

    Cosco Container Lines Co. Ltd. has taken delivery of the 13,386 TEU Cosco England from Nantong Cosco KHI Ship Engineering Co. Ltd. (NACKS). The 366 m long ship comes as the third in a series of eight 13,386 TEU vessels, being built for COSCON by NACKS. The first vessel, Cosco BELGIUM, was delivered in March, […]

  • 3 September 2013

    Cosco Container Lines Co. Ltd. has taken delivery of the 13,386 TEU Cosco England from Nantong Cosco KHI Ship Engineering Co. Ltd. (NACKS). The 366 m long ship comes as the third in a series of eight 13,386 TEU vessels, being built for COSCON by NACKS. The first vessel, Cosco BELGIUM, was delivered in March, […]

  • 31 March 2015
    Business & Finance

    Shanghai-listed Cosco Shipping (Coscol) has through its subsidiary Cosco Southern Asphalt ordered two 13,000 dwt bitumen/asphalt carriers at its compatriot yard Wuchang Shipbuilding. Cosco Southern currently has 11 asphalt carriers in its fleet totaling in 72,300 dwt. The company said it would pay CNY 163m (USD 26.2m) for each vessel. The financing will be provided from the company’s own reserves and […]

  • 6 March 2013
    Business & Finance

    On February 28, the Christening ceremony of 13,386-TEU container ship MV. COSCO BELGIUM was grandly held at Nantong COSCO KHI Ship Engineering Co.,Ltd (NACKS) . Mr. Li Yunpeng, Executive Vice President of COSCO Group, Mr. Wan Min, Managing Director of COSCON, Mr. Gao Ping, Secretary of Party Committee of COSCON, Mr. Nobumitsu Kambayashi, the Senior […]

  • 14 November 2012

    It seems that COSCO’s tanker ordering spree is heading forward. Namely, China Ocean Shipping Group Co., ordered four very large crude carriers (VLCCs) from China State Shipbuilding Corp (CSSC). The contract was signed on Monday, Seatrade Asia reports. The value of the contract was not disclosed. Reportedly, the new carriers will be eco-friendly especially in […]

  • 11 October 2013
    Business & Finance

      The 13,400 TEU Cosco England, the newest addition to the Cosco fleet, has made its maiden call at the UK’s Port of Felixstowe. Registered in Hong Kong, the giant container ship is deployed on Cosco’s NE1 Asia – Europe service. With a length overall of 366 metres and a 153,666 deadweight tonnage, the Cosco […]

  • 30 June 2016
    Business & Finance

    The sale of the Greek port of Piraeus has encountered a hurdle as China’s port operator Cosco Group (Hong Kong) Limited said that the sale terms submitted to parliament on Tuesday were inconsistent with the ones previously agreed upon, according to Reuters. Namely, in a letter to lawmakers COSCO Greece said that the key terms of the deal […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 3 April 2018
    Business & Finance

    The proposed takeover of OOCL by COSCO Shipping is expected to be completed by June 30.

  • 9 May 2013

    The Board of Directors of COSCO Corporation (Singapore) Limited today announced that the shareholders of COSCO ( Lianyungang) Shipyard Co., Ltd. (a 60% owned subsidiary of the Company’s 51% owned subsidiary, COSCO Shipyard Group Co. Ltd.), have passed a resolution to dissolve COSCO Lianyungang. COSCO Lianyungang is principally engaged in ship repair work. The decision […]

  • 6 March 2013

    The Christening ceremony of 13.386-TEU container ship MV COSCO BELGIUM was grandly held, on February 28, at Nantong COSCO KHI Ship Engineering Co.,Ltd (NACKS). Ms. Xu Yewen, wife of the National Labor Model, Captain Ding Jingguo, christened the new ship. MV COSCO BELGIUM is the first of a series of eight 13,386 TEU vessels being […]

  • 1 May 2012
    Business & Finance

    Seaspan Corporation announced today that it accepted delivery of a 13100 TEU containership, the COSCO Fortune, on April 27, 2012. The new containership, which was constructed by Hyundai Heavy Industries Co., Ltd., is Seaspan’s fourth delivery in 2012 and expands the Company’s operating fleet to 69 vessels. The COSCO Fortune is on charter to COSCO […]

  • 24 May 2006

    On the morning of May 24th, 2006, Mr.Wu Bangguo, Chairman of the Standing Committee of China’s National People’s Congress (NPC), who was on an official visit to Greece, paid a special visit to COSCO Vessel M.V. YUE HE and met the crews on board at the Port of Piraeus. Mr.Zhang Fusheng, Executive Vice President of […]

  • 26 September 2019
    Business & Finance, Rules & Regulation

    The U.S. sanctioned two COSCO subsidiaries in the latest move to curb the flow of Iranian crude.

  • 1 July 2011

    Capt. Wei Jiafu, President and CEO of COSCO Group, met with Mr. Richard Sadler, CEO of Lloyd’s Register in the head office of COSCO Group. Both parties exchanged views on strengthening mutual collaborations between COSCO and Lloyd’s Register in various marine related sectors. The meeting was also attended by Mr. Gao Weijie, Chairman of Chinese […]

  • 17 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 which was attended by clients of his company’s fleet of semi-submersible heavylift vessels. Executives of […]

  • 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 […]