Ton van den Bosch, global head of ports & terminals at Ince & Co, highlights the emerging trends in the logistics, intermodal and supply chain sectors and suggests that further consolidation and integration can be expected.
Synergy, cost efficiencies and fleet and network optimisation were the key themes that emerged from the first results presentation after Cosco Shipping Holding’s takeover of Orient Overseas Container Line and would mark the path forward even as...
Orient Overseas Container Lines (OOCL) saw second quarter total volumes rise 4.6% to 1.69m teu from 1.62m teu in the same period in 2017 and the volume gains were also able to be translated into good gains with total revenues increasing by 4.0% to...
Naval Dome ceo Itai Sela has warned that the cyber attack on Cosco Shipping Line’s Long Beach terminal customer service centre could easily spread to its ships and recommended that the group thoroughly verify the breach has truly been contained.
The US operations of Cosco Shipping Lines has apparently been hit by an apparent cyberattack causing some disruption to the network there, however global operations have not been affected.
Wärtsilä is seeing increasing recognition for the upgraded version of its China-made Wärtsilä 20 engine, with a total of 33 engines being ordered in June, all for newbuildings for Cosco-linked companies at Chinese yards.