Search results for: cosco

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  • 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, […]

  • 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 […]

  • 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 […]

  • 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, […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 3 April 2018
    Business & Finance

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

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 14 April 2015
    Business & Finance

    Hong Kong-listed shipping company China COSCO Holdings Company Limited Group (COSCO) has disassembled fourteen vessels, including one containership and thirteen bulk carriers, from 1 February 2015 to 31 March 2015 within its fleet renovation plan. The vessels, with the aggregate capacity of 924,700 deadweight tons, were disposed of as scrapped vessels to different purchasers at […]

  • 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 […]

  • 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 […]

  • 30 October 2013

    COSCO Corporation (Singapore) Limited announced today that COSCO (Guangdong) Shipyard Co., Ltd (COSCO Guangdong) has delivered a bulk carrier of 57,000 DWT, the “GREENER”, to its Asia n buyer. The delivery documents were signed by COSCO Guangdong and the buyer recently. The bulk carrier measures 189.99 meters in LOA, 32.26 meters in breadth and 18 […]

  • 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 […]

  • 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 […]

  • 23 October 2015
    Business & Finance

    Cosco Corporation’s subsidiary COSCO (Nantong) Shipyard Co. is going to delay the delivery of a Floating Production Storage and Offloading vessel (FPSO) ordered in 2012, the company informed. Cosco said that the move was agreed due to changes in technical requirements from the undiclosed European shipowner. The contract details, however, correspond to Dana Petroleum’s order at […]