His Excellency (H.E.) Dr Nabel Bin Mohammed Al Amudi, Minister of Transport of the Kingdom of Saudi Arabia (KSA), today, inaugurated the second Saudi Maritime Congress with a Keynote Ministerial Opening Address to highlight the importance of the...
The important place of the shipping industry and its participants in Greece’s overall economic picture as the country struggles to climb out of financial crisis was again evident when financial powerhouse PricewaterhouseCoopers (PwC) recently...
China Cosco Shipping Corporation has officially established Cosco Shipping Investment (Dalian) with an aim to invest in and develop new businesses in Northeast China.
Cosco Shipping Ports and Peruvian mining company Volcan Compañía Minera have entered into the subscription and investment agreement with Terminales Portuarios Chancay (TPCH), the Chinese company’s first investment in South America.
South China province Fujian plans to invest RMB85 billion in transportation sector and focus on cross-strait traffic upgrading. RMB8bn ($1.17bn) of the fund will be used for shipping and port development.
Saudi Arabia’s maritime sector is set to receive a much-needed boost with a generous allocation of SAR3bn ($8.8bn) for the energy, industry, mining and logistics sectors in its recently announced budget for 2019.
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.