Cosco Shipping, Sovcomflot, Novatek and Silk Road Fund have inked an agreement to set up and Arctic shipping joint venture to manage icebreaking LNG carriers.

Luxembourg-headquartered Jan De Nul Group has booked an offshore jackup installation vessel at China’s Cosco Shipping Heavy Industry.

Cosco Shipping (Nantong) Shipyard, a subsidiary of Cosco Shipping Shipyard, has established a new operation base at Rui Tai Nantong Shipyard for regional resources consolidation and management.

China’s state-owned shipping giant Cocso Shipping is to work with Hainan province to jointly promote localised shipping and port asset optimisation and consolidation.

Cosco Shipping Specialized Carriers is setting up a European office in Rotterdam.

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

Shanghai Shipping Maritime Technology, a wholly-owned subsidiary of Cosco Shipping Shanghai branch, opens up a new ship repair base in Zhoushan, Zhejiang province.

Orient Overseas (International) Limited (OOIL) has sold its Long Beach Container Terminal (LBCT) for $1.78bn to a consortium led by Macquarie Infrastructure Partners (MIP).

Greece is a bridge and not a border between the West and the East and as a regional hub for growth that is gaining global influence and significance, Greek Prime Minister Alexis Tsipras told the Belt and Road Initiative Forum in Beijing 26 April.

Following the newbuilding contract for ten Newcastlemax bulkers signed earlier this month, Cosco Shipping Bulk ordered three more from CSIC Qingdao Beihai Shipbuilding Heavy Industry.

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