COSCO Buys Stake in Food Logistics Specialist
Chinese carrier COSCO Shipholding will acquire a 5.8% stake in COFCO Fortune, a food processing and logistics unit…
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China
Maritime transport affected by weak demand for Chinese products
Shipping lines are skipping ports in China as international orders fall and supply chain problems persist, the…
Chinese shipping company Jin Jiang Shipping is ready for the Shanghai stock…
In Shanghai, Jin Jiang Shipping has filed for an initial public offering (IPO) on the Shanghai Stock Exchange,…
Sale of the Hamburg container terminal between HHLA and COSCO (CSPL)
The status of the agreement between COSCO Shipping Ports (CSPL) and HHLA at the closing of the planned sale of a…
China vehicle manufacturers will have their own RoRo shipping lines
According to QUARTZ, the Chinese auto industry is looking for vertical integration, now, they will have their own…
Controversial decision to sell stake in the port of Hamburg to COSCO
Germany has reached a compromise on a controversial decision to allow Chinese shipping group COSCO to buy a stake…
Maersk orders another six methanol-powered ships from Hyundai Heavy Industries
Despite market demand prospects and political instability, Maersk orders six methanol-powered ships from Hyundai…
World Trade Organization (WTO) cuts trade forecast for 2023
War, low demand, COVID, weather events, high energy prices: WTO World Trade Organization cuts 2023 trade forecast.
Increased interest rates in the US impacts container shipping rates
According to Global News, the increase in interest rates in the US impacts container shipping rates in the world.
COSCO Announces Dividends of USD 4.6 Billion
According to Alphaliner, COSCO, the Chinese shipping line, announces dividends of USD 4,6 Billion.