Major container port operator COSCO Shipping Ports Limited signed a MoU with GLP China Holdings Limited and Eshipping, the e-commerce supply chain management platform Eshipping, to form strategic partnership. Cooperation of the three parties will begin in China at CSP’s terminals and gradually expand into its global network.
US are reportedly concerned about a takeover by the Chinese COSCO, regarding a large container terminal in Long Beach, California. The terminal is part of COSCO’s plan to buy the shipping company Orient Overseas International. The expected acquisition of Orient Overseas Container Line is about to be completed until the end of June.
Greece’s largest port Piraeus, entered a new era after handling 20,000 TEU vessels earlier this week, as COSCO Shipping Taurus giga container vessel, one of the biggest in the world, docked in the port. Taurus is the largest vessel to dock at Piraeus Container Terminal.
Philippines might not be ready for IMO 202011/12/2019
Yamal LNG completes delivery of all Arc7 ice-class tankers11/12/2019
Modifications for wind-powered North Sea platforms11/12/2019
New partnership for the exploration of a global offshore oil and gas program11/12/2019
China's imports on four crucial commodities show growth11/12/2019
NOAA alerts the risks of the Arctic warming11/12/2019
IMO Member State Audit Scheme: Guidance on communicating information adopted11/12/2019
Baltic index falls for 5th consecutive session11/12/2019
NAPA and key industry players to improve passenger ship safety11/12/2019
American Club announces buoyant annual market review11/12/2019