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Cosco shipping

China’s COSCO Shipping posts $1.4bn loss for 2016

China’s COSCO Shipping Holdings Co Ltd made a loss last year of 9.9 billion yuan ($1.44 billion), the company reported on Thursday, due to both persistently weak...

cosco

Cosco Shipping Leasing secures in $290m loans from Chinese banks

Cosco Shipping Leasing, wholly-owned by Cosco Shipping Development, has secured loans worth RMB2bn ($289.7m) from China Bohai Bank and Bank of Nanjing. China Bohai...

cosco

COSCO Shipping closing down yards to combat overcapacity

COSCO Shipping Heavy Industry Co Ltd, China’s third largest shipbuilder by output, plans to cut the number of shipyards that are able to manufacture offshore...

China's COSCO secures $26bn financing pledge

China’s COSCO Shipping flags $1.44bn loss for 2016

China’s COSCO Shipping Holdings Co Ltd said it expects to post a net loss of 9.9 billion yuan ($1.44 billion) for 2016, citing the impact of asset disposal and a...

China's COSCO secures $26bn financing pledge

China’s COSCO Shipping flags $1.44bn loss for 2016

China’s COSCO Shipping Holdings Co Ltd said it expects to post a net loss of 9.9 billion yuan ($1.44 billion) for 2016, citing the impact of asset disposal and a...

China's COSCO secures $26bn financing pledge

Cosco Shipping Ports sees volumes rise 10.5% for 2016

Cosco Shipping Ports (CSP) ended the year on a high note, with a 10.5% rise in December overall throughput to 8.4million TEU, driven by stellar 72.1% growth at its...

apm terminals

APM Terminals expands partnerships on Vado terminals 

Dutch container terminal operator APM Terminals has partnered up with COSCO Shipping Ports and Qingdao Port International Development to operate the existing Vado...

Cosco shipping

COSCO Shipping places order for four asphalt carriers  

COSCO Shipping’s subsidiary Cosco Southern Asphalt Shipping has ordered four 7,500 dwt asphalt carriers from Chinese shipbuilder CSSC Chengxi Shipyard. The...

Coscocs launches Cosco Shipping Lines Central America and Panama

Cosco China Shipping Group Chairman Xu Lirong has launched the new lines of business of the company: Cosco Shipping Lines (Central America) Inc and Cosco Shipping lines...