Tag: COSCO

COSCO SHIPPING, CP Group, and Freepoint Commodities collectively inked a MoU on 15 November for the production of green methanol.

A design scheme for a 50,000 cubic meter ammonia dual-fuel carrier, jointly developed by COSCO SHIPPING Energy and COSCO SHIPPING Heavy Industry, received an Approval in Principle (AIP) from three leading classification societies: ABS, CCS, and DNV.

According to local reports, CSET's Board approved a strategic investment in six 307,000 DWT VLCCs to be built.

Sea1 Offshore announced that it has ordered two new next generation Offshore Energy Support Vessels from the Chinese shipyard Cosco Shipping.

COSCO SHIPPING has announced the order of twelve new 14,000 TEU methanol dual-fuel, efficient container vessels.

COSCO Shipping Development has announced its largest shipbuilding and leasing agreement since becoming a shipping finance operator in 2016. The deal includes the construction and leasing of 42 bulk carriers.

COSCO Shipping Seafarer Management Company has entered into a strategic partnership with Wallem Group, to advance ship management and crew services. 

COSCO has signed a preliminary agreement with Australia's Fortescue Metals Group (FMG.AX) to collaborate on developing a green fuel supply chain. 

A worker died in an accident at the Chancay Port Terminal, a megaport being developed by Hong Kong-based Cosco Shipping Ports on Peru's Pacific coast, according to a statement from the company on 11th May, Reuters highlights.

COSCO Shipping Specialized Carriers plans a massive fleet expansion by adding over 80 vessels with various functions in the next two years.