COSCO

COSCO Shipping Ports inks electronic supply chain platform partnership

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 concerned about COSCO’s acquisition of Long Beach terminal

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.

New era for Piraeus port after 20,000 TEU vessel handling

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.

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