Singamas Container Holdings has entered into an agreement with Cosco Shipping Financial Holdings to sell its entire interest in five of its companies in China for a total of RMB3.8bn ($565m) in cash.
Cosco Shipping Bulk has inked a contract for eight 210,000 dwt bulk carriers newbuildings, plus options for two more with Cosco Shipping Heavy Industry in Yangzhou, Jiangsu province.
Cosco Shipping’s ‘honeymoon period’ between it and the Greek state is essentially over, following the rejection by the state of much of Cosco’s investment plan for Piraeus port.
China Cosco Shipping Corporation has officially established Cosco Shipping Investment (Dalian) with an aim to invest in and develop new businesses in Northeast China.
Greek businesses and Chinese scholars voiced confidence in the prospects of Sino-Greek cooperation in the context of the Belt and Road Initiative (BRI) during a forum in Piraeus, Greece’s largest port which in recent years has become a strong...
Greece's Council of State has bowed to the objection of two major Greek construction companies and dealt another blow to Cosco Shipping's plan to further develop the port of Piraeus.
CS Investment, wholly-owned by Cosco Shipping Development Co (CSDC), has terminated a plan to invest RMB1.76bn ($253.5m) for an approximately 13.2% stake in China Bohai Bank.
Cosco Shipping Specialized Carriers announced that the company has ordered five firm plus four options for 62,000d wt multipurpose pulp carriers at Cosco Shipping Heavy Industry (Dalian).
Cosco Shipping Ports (CSP) warned of a “year full of challenges” in its first half 2018 results, even as it produced good results for the period, with overall throughput rising 27% to 56.7m teu driven by sustained economic growth, increase in...