Cosco Shipping Lines has selected ABB turbochargers for all main and auxiliary engines on all six of its 21,000 teu Universe series container ships to bring about optimal performance and fuel efficiency for one of the world’s largest container...

The Nigerian Ports Authority (NPA) says it has reviewed a suspension of four container lines that included Maersk Line and Cosco Shipping, giving them two weeks to comply with measures on holding bays for containers, while the lines themselves say...

A week ago we wrote that the latest round of consolidation in the container shipping sector appeared largely complete with regulatory approval for Cosco Shipping to buy Orient Overseas International Ltd (OOIL), but yesterday up pops the story that...

COSCO Shipping Holdings has held true to its pledge to keep Orient Overseas (International) Ltd, the parent of Orient Overseas Container Line (OOCL), as a listed company in Hong Kong.

Cosco Shipping Holdings has received all the approvals required for its takeover of Orient Overseas International one day ahead the 30 June deadline for the $6.27bn.

The rebound among Chinese shipping companies is extended to service providers too as evident from Cosco Shipping International’s profit forecast upgrade for full-year 2018.

Cosco Shipping Holdings is looking to raise up to $1.94bn through a private share issue to fund 20 containership newbuildings.

Cosco Shipping Leasing Co has proposed to issue asset-backed notes of approximately RMB2.99bn ($457.5m) that will be utilised by its affiliate Cosco Shipping Development Co (CSDC).

Cosco Shipping Holdings announced that it has benefited from a government subsidy in the amount of RMB510m ($78.3m) under a scrap-and-build policy.

Cosco Shipping Energy Transportation (CSET) announced that it has received RMB355m ($54.9m) in government subsidy under the scrap-and-build policy.