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Tag: COSCO

Lines moving towards alternative fuels: Key strategies and industry front-runners

Alphaliner’s report states there is no clear winner when it comes to decarbonisation efforts among container carriers.   Some mainline operators, such as CMA CGM, were...

COSCO SHIPPING receives approval for new ammonia-fuelled vessels

On 30 October, the design scheme for a 50,000 cubic meter ammonia dual-fuel carrier, jointly developed by COSCO SHIPPING Energy and COSCO SHIPPING Heavy...

Lekki Port welcomes new COSCO, ONE and ZIM services

In a significant boost to Nigeria’s maritime industry and international trade, Lekki Port LFTZ Enterprise Limited (LPLEL), Lekki Freeport Terminal, and the Lagos Free...

Soaring long-haul rates came at expense of Transatlantic lane

Transatlantic capacity has declined by nearly 10% year-on-year as large vessels were diverted to Asia-Europe and transpacific lanes as rates soared amid the Red...

OOCL signs charter deals with Seaspan for six new 13,000 TEU boxships

COSCO-owned ocean carrier Orient Overseas Container Lines (OOCL) entered into charter agreements with Seaspan for six brand new 13,000 TEU container ships for a...

COSCO invests US$110 million in Thai container terminals

COSCO SHIPPING Ports has acquired 12.5% and 30% equity stakes in Thai Laemchabang Terminal (TLT) and Hutchison Laemchabang Terminal (HLT), respectively. The signing ceremony took...

COSCO, ONE enhance their Middle East-Indian Sub offerings

Two of the largest container lines have announced changes in their intra-Middle East/Indian Subcontinent service networks. Towards the end of October, Ocean Network Express (ONE)...

Market Analysis: Big Four near 60% of global container capacity

The four largest container shipping companies collectively control 57.5% of global container capacity, with over 17.5 million TEUs. In fact, their dominance is so...

Impact of Geopolitical Tensions in South China Sea on Major Container Lines and Regional Ports

As South China Sea remains a key global region for maritime trade, Container News decided to analyze and synthesize the available information and give...

Box lines adjust intra-Far East/Australasia services

CNC Line is set to enhance its role from a slot operator to a vessel provider on CoscoSL's NP1 service at the end of...
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Hapag-Lloyd applies GRI on Pakistan–Middle East trade lanes

Hapag-Lloyd has announced a General Rate Increase (GRI) from Pakistan to the Arabian Gulf, Saudi Arabia (Eastern and Western Provinces), Jordan and Yemen, and...

Wan Hai Lines debuts new Vietnam–Thailand–India direct route

Wan Hai Lines has announced a new direct service, the Tamil Nadu–Thailand Express (TTX) service, with the first vessel arriving at India's Chennai and...

Red Sea Eases, but Carriers Wary as Suez Canal Pushes for Return

As the haze begins to lift over the troubled waters of the Red Sea, the Suez Canal Authority (SCA) is carefully balancing reassurance with...

MSC and ZIM downsize joint Far East-US East Coast service network

In response to the recent changes in demand for cargo transport from Asia to the United States, MSC and ZIM have decided to adjust...
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