COSCO Shipping Ports (CSP), the biggest terminal operator in the world, has warned that the world has not contained the COVID-19 pandemic and that the impact could be felt for some time.
CargoSmart Limited, a leading shipment management technology solutions provider, announced that it conducted a pilot project with COSCO SHIPPING LINES (COSCO), Shanghai International Port Group (SIPG), and Tesla, Inc. (Tesla) for a new application to transform the cargo release process.
COSCO Shipping Lines, the third biggest container shipping line in the world by market share, has said its revenue increased by 25% year-on-year (YoY), which it attributed to an improved presence in emerging markets and regions.
Shipping Australia Ltd, the main shipping body in Australia, has condemned the Maritime Union of Australia for refusing to unload a COSCO vessel in the Port of Melbourne for fears of COVID-19.
COSCO Shipping Ports (CSP), the biggest terminal operator in the world by market share, suffered a drop in gross profits of 7.1% in 2019 despite seeing throughput increase across its portfolio.
Orient Overseas Container Line (OOCL) has ordered five new 23,000 TEU container vessels from two of COSCO's shipbuilding yards.
A COSCO cargo vessel has been detained by Indian authorities for allegedly carrying components for a nuclear missile launcher, according to national and international media.
Pacific International Lines (PIL) has announced it will be withdrawing from the Transpacific market as part of efforts to make its network more efficient.
Four major container shipping lines, COSCO, Ocean Network Express (ONE), OOCL and Yang Ming will launch a new East Mediterranean-America (EMA) Service as part of efforts to deliver a more efficient service network.
The fire that broke out on the COSCO Pacific on January 6 2020 was caused by the spontaneous combustion of a lithium ion battery, according to widely reported update from the Chinese carrier.
The European Investment Bank (EIB) has agreed to donate almost $154 million to the upgrade and expansion of the Port of Piraeus, the largest port in Greece.
COSCO Shipping Ports (CSP), the biggest ports operator in the world, has announced a revenue increase increased by 0.7% in the third quarter (Q3) of 2019 compared with the same period last year, despite its gross and net profit falling.