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U.S. renews waiver on COSCO's Dalian tanker unit hit by Iran sanctions

U.S. renews waiver on COSCO’s Dalian tanker unit hit by Iran sanctions

  The Trump administration on Thursday renewed a waiver for companies to wind down transactions with the Dalian unit of a Chinese tanker company on which it had...

Port of Piraeus

Greece approves COSCO’s plan for Piraeus Port

  Greek Committee of Planning and Development of Ports (ESAL) has approved EUR 611.8 million (USD 673.3 million) worth of investments at the country’s Piraeus...

US sanctions COSCO over Iran trade

US sanctions COSCO over Iran trade

The U.S. Department of the Treasury has sanctioned a total of six Chinese companies, including COSCO subsidiaries, over alleged breaches of U.S. sanctions on Iran. COSCO...

Cosco plans new pier to expand Piraeus capacity to over 10m TEU 

Cosco, the operator of Greece’s Piraeus Port Authority (PPA), plans to build a fourth container pier, expanding the port’s capacity to over 10million TEU and making...

Corruption: China jails Cosco Shipbuilding GM for 12 years

Former general manager of China Shipbuilding Industry Corporation, Sun Bo, has been sentenced to 12 years in prison on Thursday for taking bribes and abusing power,...

U.S. questions COSCO’s takeover of Long Beach terminal

Cosco Shipping Ports inks deal to build $3bn port in Chancay, Peru

Cosco Shipping Ports Limited and Peruvian mining company Volcan have signed an agreement Monday in Lima to build the $3bn Chancay Multipurpose Port Terminal. The signing...

COSCO ship collides with another in Malaysia

COSCO ship collides with another in Malaysia

COSCO England, a Neopanamax containership owned by COSCO Shipping Lines, collided with another vessel while berthing at a port in Malaysia. The incident occurred at Port...

COSCO, Bolloré sign strategic cooperation agreement 

COSCO, Bolloré sign strategic cooperation agreement 

China’s container shipping company Cosco Shipping Lines and French-based transportation group Bolloré Transport & Logistics have signed a memorandum of...

Cosco shipping

Cosco, 3 others form Hong Kong Seaport Alliance 

Cosco Shipping Ports Limited announced that, COSCO-HIT Terminals (Hong Kong) Limited (CHT), Asia Container Terminals Limited (ACT), Hong Kong International Terminals...

COSCO, Abu Dhabi Ports inaugurate new Khalifa Port terminal 

COSCO, Abu Dhabi Ports inaugurate new Khalifa Port terminal 

COSCO Shipping Ports and Abu Dhabi Ports on Monday commissioned the new CSP Abu Dhabi Terminal at Khalifa Port, adding Abu Dhabi as the regional hub for COSCO’s global...

China's COSCO secures $26bn financing pledge

Cosco H1 profit falls by 98%

China’s COSCO Shipping Holdings Co Ltd on Thursday said first-half profits fell 97.8 percent as it grappled with higher costs and a slide in freight rates. China’s...

Maersk Line

NPA lifts suspension on Maersk, Cosco, two others 

Nigerian Ports Authority (NPA) said it had restored services to the four shipping companies namely Maersk Line, Cosco Shipping, APS and Lansal, whose operations...