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Cosco News

Seaspan seals charter extensions with Cosco for 17 vesselsSeaspan seals charter extensions with Cosco for 17 vesselsThe vessels charters with Cosco were set to end for two vessels in 2021, 13 vessels in 2022, and two vessels in 2023. All have now been extended for a three-year term from the end of their current charter period.25 June 2021 Friday 12:11
HMM confirms cyber attackHMM confirms cyber attackSouth Korea’s HMM has become another shipowner to suffer a cyber attack. The company confirmed today that it had detected an unidentified security breach, which led to limited access to the e-mail outlook system in certain areas.15 June 2021 Tuesday 10:30
COSCO Ports takes stake in Saudi Arabian terminalCOSCO Ports takes stake in Saudi Arabian terminalChina's COSCO Shipping Ports (CSPL) has entered into an agreement with the founding shareholders of Saudi Arabia's Red Sea Gateway Terminal Limited (RSGT) to acquire a 20 per cent stake in the terminal which is located at Jeddah Islamic Port.01 February 2021 Monday 14:00
Cosco sending 10 tankers to scrapCosco sending 10 tankers to scrapThe vessels being disposed are made up of five VLCCs, three suezmaxes, one panamax and one handy tanker. The ages of the vessels are between 16 years and 18 years.28 January 2021 Thursday 14:04
Aegean Shipping orders another eco-friendly AframaxAegean Shipping orders another eco-friendly AframaxGreek shipping company Aegean Shipping Management has exercised an option to build its third Aframax tanker in China.25 December 2020 Friday 12:02
Cosco sells major stake in Cosco Shipping Leasing to state fundCosco sells major stake in Cosco Shipping Leasing to state fundCosco Shipping Development has announced that it has entered into an agreement with Chengtong Fund Management to sell a 35.22% stake in Cosco Shipping Leasing for a price of RMB1.8bn ($275m).15 December 2020 Tuesday 10:10
Chinese state fund injects $447m into SinoOceanChinese state fund injects $447m into SinoOceanChinese state fund injects $447m into SinoOcean to promote the sale of idle offshore assets14 October 2020 Wednesday 18:00
Work starts on second phase of Wuhan intermodal facilityWork starts on second phase of Wuhan intermodal facilityConstruction work on the second phase of the Wuhan Yangluo Port Rail-Water Intermodal Transport Base began 1 August 2020.05 August 2020 Wednesday 17:49
Cosco Shipping and Alibaba Latest Efforts Using Blockchain in ShippingCosco Shipping and Alibaba Latest Efforts Using Blockchain in ShippingCosco Shipping Group, the Chinese state-run shipping company, is the latest to join the growing momentum in digitization through the use of blockchain technology.08 July 2020 Wednesday 10:35
Cosco Shipping Maritime University debuts in QingdaoCosco Shipping Maritime University debuts in QingdaoChina’s largest shipping group Cosco Shipping has inaugurated its corporate university in Qingdao, Shandong province to promote shipping talents development.06 July 2020 Monday 16:00
LNG Shipbuilding Continues With Three Vessel Order From COSCOLNG Shipbuilding Continues With Three Vessel Order From COSCODespite soft demand for LNG, ship owners and shipbuilders are continuing to proceed with new construction believing in the longer-term prospects of the segment.01 July 2020 Wednesday 15:10
China COSCO Shipping orders LNG trio at HudongChina COSCO Shipping orders LNG trio at HudongChina COSCO Shipping on Tuesday said it has placed an order for three liquefied natural gas (LNG) carriers at Hudong Zhonghua Shipbuilding.30 June 2020 Tuesday 16:21
Greece aims to build on Chinese cooperation in Piraeus portGreece aims to build on Chinese cooperation in Piraeus portGreece is determined to build on the success of the Chinese presence in Piraeus port, with the Greek government continuing with unfaltering commitment to enhance cooperation with China, Greece's Development and Investments Minister, Adonis Georgiadis said10 June 2020 Wednesday 23:20
Cosco Energy Transportation Optimizes Structure in Ongoing ExpansionCosco Energy Transportation Optimizes Structure in Ongoing ExpansionCosco Shipping Energy Transportation Company, part of the Chinese state Cosco shipping group, announced plans to merge with Shanghai Tanker, the owner of 49 tankers with an aggregate capacity of 4.73 million dwt.03 June 2020 Wednesday 13:15
First steel cut for mega jack-up VoltaireFirst steel cut for mega jack-up VoltaireJan De Nul has started the construction of its next-generation jack-up installation vessel Voltaire with a steel cutting ceremony at the Cosco Shipping Shipyard (Nantong) in China.27 May 2020 Wednesday 16:45
CargoSmart, Cosco and Tesla in blockchain trialCargoSmart, Cosco and Tesla in blockchain trialTech firm CargoSmart Limited has carried out a pilot project with ocean carrier COSCO Shipping Lines using blockchain to share shipment data with a terminal operator in real-time.13 April 2020 Monday 01:00
OOCL Orders Five 23,000 TEU Giants in ChinaOOCL Orders Five 23,000 TEU Giants in ChinaHong Kong-based container shipping and logistics service company Orient Overseas Container Line Limited (OOCL) has ordered five 23,000 TEU boxships at COSCO Shipping yards in China.11 March 2020 Wednesday 14:20
COSCO Shipping Specialized Carriers Orders 8 NewbuildsCOSCO Shipping Specialized Carriers Orders 8 NewbuildsCOSCO Shipping Specialized Carriers, a subsidiary of China Ocean Shipping Group (COSCO), has ordered eight 62,000 dwt multipurpose pulp carriers at Cosco Shipping Heavy Industry’s Dalian yard.11 March 2020 Wednesday 13:55
India claims detained COSCO ship carried nuclear missile launcherIndia claims detained COSCO ship carried nuclear missile launcherFeb 18: Indian Security and Customs Agencies found on board of COSCO specialized cargo ship DA CUI YUN, docked at Deendayal Port, Kandla, since Feb 3, some “essential” parts for missile launchers, capable of launching solid fuel powered nuclear missiles.21 February 2020 Friday 17:18
COSCO, OOCL, ONE and Yang Ming to Set Up New Transatlantic ServiceCOSCO, OOCL, ONE and Yang Ming to Set Up New Transatlantic ServiceAsian shipping giants COSCO Shipping Lines, Orient Overseas Container Line (OOCL), Ocean Network Express (ONE) and Yang Ming are to launch a new weekly Transatlantic service, the new East Mediterranean – America service (EMA).06 February 2020 Thursday 14:23
US Lifts Sanctions against Cosco DalianUS Lifts Sanctions against Cosco DalianThe United States lifted its sanctions against Cosco Shipping Tanker (Dalian) Co, a unit of Chinese shipping major Cosco Shipping Corporation, which were imposed last year over imports of Iranian oil.03 February 2020 Monday 12:14
Injured Sailor Evacuated from COSCO Bulker off PhilippinesInjured Sailor Evacuated from COSCO Bulker off PhilippinesThe Philippine Coast Guard (PCG) evacuated an injured crew member of a Chinese cargo vessel off Corregidor Island, Cavite, on January 12, 2020.14 January 2020 Tuesday 11:27
Ocean Alliance Unveils Day 4 Product Deploying 325 BoxshipsOcean Alliance Unveils Day 4 Product Deploying 325 BoxshipsThe Ocean Alliance partners have presented their new service offering which would see the shipping majors deploy a total of 325 containerships.09 January 2020 Thursday 16:54
Cosco Boxship Hit by a FireCosco Boxship Hit by a FireA fire broke out on board Cosco Pacific, a very large containership owned by Cosco Shipping, while the vessel was underway from Port Klang, Malaysia to the largest container port in India, Nhava Sheva Port on January 4, 2020.07 January 2020 Tuesday 16:54
US Gives More Time to Companies to Wind Down Dealings with Cosco DalianUS Gives More Time to Companies to Wind Down Dealings with Cosco DalianThe U.S. Treasury Department has extended the deadline to companies that deal with COSCO Shipping Tanker (Dalian) to wind down their transactions with the company and its units, pushing the target time to February 4, 2020.23 December 2019 Monday 17:30
Shell Marine Wins Marine Lubricants Deal for 5 COSCO Pulp CarriersShell Marine Wins Marine Lubricants Deal for 5 COSCO Pulp CarriersShell Marine has secured a contract to supply lubricants for five 62,000 dwt multipurpose pulp carriers that will be delivered to COSCO Shipping Specialized Carriers in 2019 and 2020.18 November 2019 Monday 14:15
China to make Piraeus the king of EuropeChina to make Piraeus the king of EuropeChina is looking to transform Greece’s Piraeus port into the biggest harbor in Europe — making it the most crucial transit hub for trade between Asia and Europe.18 November 2019 Monday 11:04
China’s COSCO Sets Up New Company for Intra-Europe ServicesChina’s COSCO Sets Up New Company for Intra-Europe ServicesChina’s COSCO Shipping Lines has established a new subsidiary that would focus on intra-Europe feeder operations.13 November 2019 Wednesday 16:43
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