China Cosco Shipping

China’s Cosco and China Shipping officially merged their container fleets Feb. 18, 2016. The newly formed China Cosco Shipping Corp. plans to boost its fleet by at least 50,000 20-foot-equivalent units to more than 2 million TEUs by year-end 2018. This could make the container line the world’s third-largest, displacing CMA CGM.

 
27 Jan 2017
Cosco Shipping Ports and CMA Terminals Holdings signed a cooperation memorandum of understanding for ports worldwide.
25 Jan 2017
China's largest shipping company is about to record a huge loss for 2016, an indication of what is to come in the troubled industry.
18 Jan 2017
Piraeus was one of Cosco Shipping Port’s fastest-growing container terminals in 2016.
13 Jan 2017
The China Cosco Shipping Group will receive $26 billion for Belt and Road investments and reforming of state-owned enterprises.
03 Nov 2016
The Ocean Alliance has released information on its network that begins on April 1, 2017, with the trans-Pacific to see the largest number of loops and port calls.
The fate of the Ocean Alliance had become uncertain in recent months after the US Federal Maritime Commission halted its review process to receive more information from alliance membners.
21 Oct 2016
US maritime regulators gave the green light to the Ocean Alliance to take sail on US trades in April.
29 Sep 2016
Cosco Shipping Ports on Wednesday entered into an agreement with Abu Dhabi Ports to build and operate a new container terminal at Khalifa Port.
15 Sep 2016
The Busan Port Authority will offer discounts to CKYE Alliance members in a bid to keep Busan’s cranes busy.
It wasn't hard for shippers to find trans-Pacific capacity after Hanjin Shipping went bankrupt, and it's about to get easier still.
14 Sep 2016
Hanjin Shipping’s collapse has set off a rush by other container lines to add services and “extra loader” voyages.
09 Sep 2016
China Cosco has demolished five of its old container ships in a resumption of the scrapping program.
The Ocean Alliance will get a new 45-day review period from the U.S. Federal Maritime Commission after it submits responses to FMC queries.
25 Aug 2016
U.S. maritime regulators have more questions for the Ocean Alliance.
25 Aug 2016
A group of Asia-based container lines are teaming up to offer new joint services on the intra-Asia trade.