Tag: Cosco Shipping Development
Battery-powered Boxship Puts COSCO on Road To Decarbonisation
Fresh from its low D grading by Ship It Zero, Chinese carrier Cosco has announced the launch of a 700 teu zero emission containership,...
Why Major Ports Stockpile Shipping Containers?
Global production of shipping containers piles up at major ports because of lack of demand for goods, states a Merco Press news article.
Global production...
Cosco Shipping Development Appoints New Chairman
Cosco Shipping Development, the financing arm of Chinese state giant Cosco Shipping, has appointed Liu Chong as its new chairman, replacing Wang Daxiong, who...
Cosco Sells Major Stake in Leasing Company for $270M
Listed leasing arm of Cosco Shipping expects to offload a substantial stake in one of its non-shipping subsidiaries to a state-owned fund for...