ZPMC Invests in COSCO to Enhance Business with Terminal Companies 1

ZPMC Invests in COSCO to Enhance Business with Terminal Companies

ZPMC recently signed the share subscription agreement with COSCO Shipping Holdings for private A share of 111,111,111 at the price of CNY 3.78 for each share. As explained, the investment is expected to further deepen collaboration...
COSCO Shipping Adds Call to Port of Tampa Bay 2

COSCO Shipping Adds Call to Port of Tampa Bay

The new GME service port rotation will be Shanghai-Ningbo-Xiamen-Yantian-Houston-Mobile-Tampa. Import transit time to Port Tampa Bay from China will be 31 days, and export transit time from Port Tampa Bay to China will be 27 days....
COSCO Shipping Tanker Successfully Receives Delivery Of Mt Cosnew Lake 3

COSCO Shipping Tanker Successfully Receives Delivery Of Mt Cosnew Lake

The Christening and Delivery Ceremony of Mt Cosnew Lake, a VLCC of 319,000 dwt, of COSCO SHIPPING Tanker (Dalian) was held in Dalian Shipbuilding Industry Port. Present at the ceremony were Mr Yang Shicheng, Managing Director...
COSCO Shipping comes under cyber attack 4

COSCO Shipping comes under cyber attack

COSCO Shipping Lines has been hit by a cyber attack on its North American operations. Although the company reportedly identifies the problem as a ransomware attack in internal communications, for public consumption it is referring to...
COSCO SHIPPING Holdings Announces 2017 Annual Results 5

COSCO SHIPPING Holdings Announces 2017 Annual Results

COSCO SHIPPING Holdings Co., Ltd (“COSCO SHIPPING Holdings” or “the Company”) (SSE: 601919; HKEx: 1919) today announced its financial results for the twelve months ended 31 December 2017 (the “Period”). In 2017, with a broad-based recovery...
COSCO Shipping Dragon Maritime Company inaugurates branch office in Sarajevo

China’s COSCO Shipping Dragon Maritime Company inaugurates branch office in Sarajevo

COSCO Shipping Dragon Maritime Company officially inaugurated its branch office in Bosnia and Herzegovina’s (BiH) capital Sarajevo on Tuesday. During the press conference and official introduction of the company Meliha Mujezinovic, head of COSCO Shipping Dragon...
Safe Bulkers to Fit Half of Its Fleet with Scrubbers

Safe Bulkers to Fit Half of Its Fleet with Scrubbers

Safe Bulkers, Inc., an international provider of marine dry bulk transportation services, has agreed with Cosco Shipping Heavy Industry Co. Ltd., (Cosco) a detailed schedule within 2019 for the installation of Alfa Laval PureSOx scrubbers in about half...