Finnish engine maker Wartsila is expecting “huge growth opportunities” for the group in China’s massive shipbuilding industry, according to president of Wartsila China James Han, who also expressed concerns over the sector’s troubling weight of...
Orient Overseas International Ltd (OOIL) has again denied media reports that cited sources as saying that China’s Cosco Shipping is preparing to acquire its container shipping unit Orient Overseas Container Line (OOCL).
Shanghai Waigaoqiao Shipbuilding (SWS) has launched the largest containership ever built in China the 20,000 teu Cosco Shipping Taurus.
Cosco Shipping Development Co, via its subsidiary CS Investment, has agreed to make a capital contribution of approximately RMB1.76bn ($261.18m) to subscribe to around 584.3m ordinary shares of China Bohai Bank.
Cosco Shipping International (Singapore), formerly Cosco Corp, is selling its shipyard stakes to Cosco Shipping Heavy Industries (CHSI).