Xinhua News Agency, Shanghai, June 6 (Reporter Jia Yuankun) – Ocean energy COSCO Shipping Co., Ltd. was founded in Shanghai on the 6th. This is an important part of COSCO Group and China Shipping implement restructuring, reorganization, COSCO shipping tanker fleet among the world’s first energy scale One. In recent years, the depth of the

France to fly vessels (CMA CGM) recently quoted $ 2.4 billion acquisition of Singapore’s NOL ready. France to fly vessels (CMA CGM) May 30 said it plans to buy a share of 1.3SGD NOL will continue their published last December. The company plans to announce after the May 30 announcement of the offer document quotes

Shipping market recovery seems a long way off, in addition to oil transport market is still the only One bright spot, the owner of the container shipping industry and the bulk transportation industry in the next few years, the trend does not seem promising.   Although the shipping industry to achieve profitability One straight struggling,

Last week, the CCFI Ningbo Ningbo Shipping Exchange, the Maritime Silk Route index closed at 471.4 points, down 5.9% from the previous week. 21 route index rose 5 routes, 16 routes fell. “Marine Silk Road” along the major ports in the region, three port tariffs rose, 17 fell port tariffs. Key route index as follows:

July 1 this year, the International Maritime Organization to verify the weight of the container after the entry into force of new regulations, the shipper if you want the product to send all over the world, will have to pay higher fees. In 2014, the International Maritime Organization adopted the relevant amendments “International Convention for

Pure use of “anti-monopoly law” to regulate the shipping monopoly, can not take into account the special nature of the shipping industry. “International Maritime Regulations” and “anti-monopoly law,” there are still at the lack of coordination and even conflict, reach regulate shipping competition purposes. Since 2013 China has surpassed the US as the world’s largest

More freight routes fell to 5-year low, most of the container business is running at a loss. April 28, 2016 evening, China COSCO announced 2016 first quarter results, said the report period, the Company realized a net loss excluding non-recurring gains and losses attributable to shareholders of listed companies 2.144 billion yuan. The company explained

Mergers and acquisitions in the maritime industry has been gradually breaking old patterns, especially looser shipping alliance, under the new pattern of always facing the fate of being broken reassembled. April 20, China Ocean (601,919, stock it) Shipping Group (hereinafter referred to as ocean shipping) owned by COSCO and the French CMA CGM, Taiwan’s Evergreen

April 20, China Ocean Shipping Group COSCO Shipping Container Transport Limited (COSCO shipping containers) and CMA CGM, Evergreen Marine in Shanghai and OOCL announced the establishment of “Marine Alliance” (OCEAN Alliance). Maximum Union? Alliance ship! According OCEAN Alliance news release the same day, the new affiliate program to start operations from April 2017, will invest

April 18 from Zim learned that the company will enhance Asia to the US East Coast and Gulf of Mexico service, with seven different weekly service from major Asian ports to the US East Coast and Gulf of Mexico market, providing port to port and a wide range of the best transit times: Zim Qixing