COSCO SHIPPING Specialized Carriers Completes RMB 3.5 Billion A-Share Private Placement, Strengthening Strategic Positioning in High-End Specialized Shipping Sector

COSCO SHIPPING Specialized Carriers Completes RMB 3.5 Billion A-Share Private Placement, Strengthening Strategic Positioning in High-End Specialized Shipping Sector

2025-03-14

"Qiankai-Shanghai" Direct Shipping Route Boosts Trade by Over 40% in First Month

According to statistics released by Shanghai Customs on March 4, the total import and export value between Shanghai Port and Peru reached 4.68 billion yuan (RMB, same below) in December 2024, the first month after the launch of the "Qiankai-Shanghai" direct shipping route, marking a year-on-year increase of 46.1%.

2025-03-07

Japanese Container Shipper ONE Plans ¥37 Trillion Investment to Expand Fleet Capacity by 30%

Ocean Network Express (ONE), a container shipping joint venture of Japan’s "Big Three" maritime giants—Nippon Yusen Kabushiki Kaisha (NYK), Kawasaki Kisen Kaisha (K-Line), and Mitsui O.S.K. Lines (MOL)—has announced plans to invest approximately ¥37 trillion (about $25 billion) to expand its fleet capacity by 30%, according to a March 3 report by Nikkei.

2025-03-07

80% of China-US Container Shipping Could Be Impacted as Sea Freight Costs May Surge

Drewry, a London-based maritime consultancy, released its weekly Container Shipping Weekly Report, highlighting growing industry concerns over potential new U.S. tariff policies. These measures—including imposing port fees on foreign-flagged vessels, which could reach up to USD 1.5 million per port call—are projected to affect 80% of container ships servicing U.S. routes. Shipping companies may be compelled to adjust routes, leading to higher operational costs and reduced trade efficiency.

2025-03-07

30! Container ship bill, here it comes!

is not left behind. Hapag-Lloiter is also rumored to be placing orders for up to 30 LNG dual-fuel container ships.

2024-08-01

COSCO Sea can launch black technology! VLCC can save 300 tons of fuel per year!

completed three voyages, sailing nearly 200 days, mileage of more than 35000 nautical miles, to and from China's coastal and Middle East major ports ...... Recently, the world's first 300000-ton super-large tanker with bionic skin propellers berthed at Quanzhou Port in Fujian Province, completing the collection of energy-saving data for multiple voyages, long voyages and multiple sea areas.

2024-08-01

4 14000TEU box ship orders are here! China Shipping Group is crazy about taking orders!

Sindh Maritime Network recently learned that a shipyard of China Shipbuilding Group (believed to be Jiangnan Shipyard) has recently obtained an order for four 14000 TEU container ships, which will adopt LNG dual-fuel design.

2024-08-01

Highlights... The company accesses and external financial institutions to lease the ship Jingdezhen wheel.

, the Jingdezhen Wheel, which was funded and built by Guoyin Leasing and managed by the company, held a naming ceremony in Yangzhou COSCO Shipping Heavy Industries. Shi Fuan, deputy general manager of the company, Huang Min, vice president of financial leasing of China Bank of China, Jiang Yuanfeng, Secretary of the Party group and deputy director of Yangzhou Federation of trade unions, and Yan Chengxiang, deputy general manager of COSCO Shipping Heavy Industry, attended the ceremony and deliver

2024-07-31