Cosco
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Greater China
National Audit Office finds irregularities and illegal activities at Cosco
Beijing: China’s National Audit Office released an audit report for state-run shipping conglomerate Cosco Group yesterday in which it has…
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Containers
Cosco’s 20,000 teu series confirmed
Shanghai: Splash has confirmed rumours that China’s top maritime conglomerate Cosco has sealed a series of giant containership orders on…
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Greater China
China completes anti-corruption probe at state-owned shipyards and carriers
Athens: China Shipbuilding Industry Corporation (CSIC) and China Ocean Shipping Company (Cosco) are among the latest state-owned companies to be…
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Americas
Cosco bulker grounded off Texas will need to be lightered
San Francisco: The Cosco HK Shipping bulker that ran aground off Port Arthur, Texas a week ago is still stuck…
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Dry Cargo
Vale sells four VLOCs to CMES, concludes deal with COSCO
Athens: Brazilian miner Vale has confirmed the sale of four of its very large ore carriers (VLOCs) to China Merchants Energy…
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Europe
Cosco in ‘very advanced’ talks to buy Piraeus port stake
Athens: China’s Cosco is in “very advanced” discussions with the Greek government to acquire a 51% stake in Piraeus Port…
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Europe
Progress on postponed Piraeus port privatisation?
Athens: Greece is working on a new deal with its creditors that could possibly reboot its postponed privatisation of Piraeus Port…
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Greater China
Cosco Shipyard secures FPSO conversion contract
Dalian: Singapore-listed Cosco Corporation has announced that its subsidiary Cosco Dalian Shipyard has secured a conversion contract for a floating…
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Containers
Cosco to order at least ten 19,000-teu containerships
London: China Cosco Holdings is in the final stages of completing a $1.4bn order for “at least” ten 19,000-teu containerships…
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Europe
Piraeus port privatisation could raise up to $545m
London: The privatisation of Greece’s Piraeus Port could raise at least €500m ($545m), Greek officials told the WSJ. The previous Greek government…
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Containers
Maersk orders seven boxships in China, more could follow
London: Maersk Line has ordered seven 3,600-teu containerships from the Cosco Shipyard in Zhoushan, China – and more orders could…
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Contributions
The one and only Wei
As he prepares step down, SinoShip profiles Captain Wei Jiafu, Cosco’s great helmsman. Step into the Beijing office of Captain…
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