Cosco
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Containers
Ocean Alliance deal extended to 2032
The Ocean Alliance group of container carriers has extended their partnership for another five years. Founded in 2017 under a…
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Greater China
Asset manager ditches COSCO over climate engagement
Legal & General Investment Management (LGIM), one of the world’s largest asset managers, has ditched investing in two of China’s…
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Ports and Logistics
Berlin green lights COSCO’s Hamburg terminal investment
After much deliberation, Berlin has green lighted COSCO’s purchase of a minority shareholding of a terminal in Hamburg, a decision…
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Dry Cargo
COSCO offloads cape at the second attempt
COSCO has sold a cape at a second attempt continuing an active year for the Chinese state-owned giant with a…
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Greater China
Cosco rebrands heavylift division
Yet more rebranding is underway at China’s largest maritime conglomerate. Cosco’s heavylift division, formerly known as Cosco Shipping Company Limited…
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Europe
APM Terminals sells stake in Italy facility to Chinese partners
Cosco Shipping Ports and Qingdao Port International Development (Hong Kong) have purchased minority stake in a joint venture led by…
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Asia
Cosco Shipyard to build three boxships
Cosco (Guangdong) Shipyard has won contracts to built three small containerships for an unnamed European shipping company. The contract price…
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Asia
Cosco will spend up to $552m on Piraeus terminal
China Cosco has said it will invest up to €500m ($552m) in Greece’s Port of Piraeus over the next five years,…
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Asia
CMA CGM orders four small boxships at Cosco
CMA CGM has ordered four 3,300-teu containerships from Cosco (Zhoushan) Shipyard in China for an undisclosed price. The four vessels…
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Asia
KS Drilling delays delivery of jack-up rig from Cosco Nantong again
Delivery of a jack-up rig ordered at Cosco Nantong by KS Drilling has been delayed by another 19 months, having…
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Americas
Coscocs and Vale sign 27-year contract for iron ore
China Cosco Shipping Corp (Coscocs) and Vale have signed a 27-year agreement in which the Chinese shipping conglomerate will carry…
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Europe
Cosco’s improved bid for Piraeus gets initial approval
As expected Cosco made an improved offer yesterday to take over Greece’s Piraeus port. The Chinese maritime giant has bid…
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Containers
Ma Zehua resigns as chairman of China Cosco
Ma Zehua has resigned from his positions as the chairman of the board and non-executive director of China Cosco, effective…
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Dry Cargo
KC Maritime linked to cancelled bulk carrier newbuilding
Cosco Dalian says an Asia-based client has cancelled one of its two 82,000-dwt bulk carriers on order at the Chinese…
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Greater China
Cosco Shipyard Group exploring changes to its asset structure
Cosco Shipyard Group is considering expanding its funding sources and optimising its asset structure, its listed Singapore parent said in…
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Europe
Cosco is the only bidder for Piraeus Port
China’s Cosco Pacific is the only company to have submitted a bid for the 51% stake in Piraeus Port Authority,…
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Containers
Investors and analysts slam Cosco and China Shipping merger plans
Investors followed analyst sentiment today on the Hong Kong Stock Exchange giving the thumbs down to three of four listed…
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Greater China
Cosco president steps down
The president of China Cosco Holdings, the Hong Kong-listed flagship of the Cosco empire, has resigned. Jiang Lijun stepped down…
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Asia
Cosco gets $3.14bn financing from China Development Bank
China’s Cosco Shipyard has secured RMB20bn ($3.14bn) in financing from the Dalian branch of China Development Bank, which will be…
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Contributions
Envisioning the Cosco/China Shipping merger
Johnson Leung, an equity analyst at Jeffries, provides readers with an excerpt from an in depth report he published today…
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