China’s COSCO Shipping Development Co Ltd announced a proposed nonpublic issuance of about 3.28 billion shares to specific investors, including its parent company, to raise up to 12 billion yuan ($1.79 billion), reports China Daily.
News ID: 69537 Publish Date : 2016/10/30
China has allowed Hanjin Shipping containerships to call at Yangshan port in Shanghai for the first time since the South Korean carrier declared bankrupt in end-August this year, reports said.
News ID: 69478 Publish Date : 2016/10/11
When the leaders of India, Iran and Afghanistan gathered in Tehran in the spring for a ceremony marking India’s development of a strategic Iranian port, they recited Persian poetry and said their partnership would “alter the course of history.”
News ID: 69386 Publish Date : 2016/10/08
Taiwanese container carrier Evergreen Line has partnered up with China’s shipping firm COSCO in operating a joint Adriatic – Israel (AIS) Service.
News ID: 69378 Publish Date : 2016/10/05
China’s Cosco Qidong Offshore and shipowner Axis Offshore have mutally agreed to re-extend the delivery date of a semi-submersible accommodation rig.
News ID: 69294 Publish Date : 2016/10/03
Cosco Shipping Ports will pay a total consideration of $738m to Abu Dhabi Ports for the concession rights
News ID: 69231 Publish Date : 2016/10/01
China Cosco Shipping Corporation (Cosco Shipping) may consider acquiring Hanjin Shipping’s port assets, but it has no desire to buy any distressed ships from the Korean line, reports said.
News ID: 69208 Publish Date : 2016/10/01
China COSCO Shipping will not raise its shipping prices as it had planned, reports Caixin quoting shipping agency representatives at Shanghai’s port.
News ID: 69105 Publish Date : 2016/09/29
The number of ‘active’ shipyards globally has more than halved since the start of 2009, falling to around 400 shipyards at the start of September 2016, with rapid growth in the total followed by steep decline all within the last decade, according to Clarkson Research.
News ID: 68940 Publish Date : 2016/09/18
BIMCO:
In a statement released Monday, BIMCO said that shipbuilding orders have fallen to the lowest level in two decades.
News ID: 68860 Publish Date : 2016/09/14
Cosco announced it has recently scrapped five container ships for a total of RMB90m ($13.5m) to save fuel and meet the overall environmental friendliness of its fleet.
News ID: 68794 Publish Date : 2016/09/10
NEW York-listed Euroseas Ltd announced that it has terminated its contract for an ultramax dry bulk vessel being constructed at a yard owned by Dayang Shipbuilding due to significant delays.
News ID: 68785 Publish Date : 2016/09/09
The Iranian Chamber of Commerce in shanghai and the Trade Promotion Organisation of Iran (TPO) will hold the first “Iran-China Silk Road Economic Opportunities Conference” in Shanghai, China on September 8.
News ID: 68734 Publish Date : 2016/09/06
The Chinese government will supply eight modified diesel-electric attack submarines to Pakistan by the year 2028, reports Sputnik.
News ID: 68579 Publish Date : 2016/08/31
China's Shenzhen port is set to to adopt requirements for ships at berth requiring to burn marine fuel with sulfur content not exceeding 0.5 percent starting October this year.
News ID: 68540 Publish Date : 2016/09/04
EVERGREEN Line is teaming up with K Line, Cosco, Wan Hai Lines and Pacific International Lines to offer two new joint services that will enhance its China-Indian subcontinent trade services from early September.
News ID: 68528 Publish Date : 2016/09/16
THE first shipment of US liquefied natural gas has arrived in China, carried on vessel Maran Gas Apollonia, marking the start of a new trade lane and an exciting expansion of LNG shipping.
News ID: 68442 Publish Date : 2016/08/24
Maersk Line:
Maersk Line announced in a statement that it has decided to stop import and export to and from 10 ports in China.
News ID: 68106 Publish Date : 2016/08/10
China Cosco Holdings Company Limited has proposed to change its name to Cosco Shipping Holdings Co to better reflect its new business direction following the formation of the parent firm China Cosco Shipping Corp (Coscocs).
News ID: 68101 Publish Date : 2016/08/26
The Chinese port of Shanghai has moved higher container volumes in July, according to figures from Shanghai International Port (Group) Co (SIPG).
News ID: 68097 Publish Date : 2016/08/10