Sourcing Journal on MSN
Cosco, OOCL Face $2 Billion Hit From Impending US Port Fees on Chinese-Built Ships
Without a network adjustment, the Chinese carriers stand to see significant contraction of EBIT margins due to the potential ...
Regtechtimes on MSN
U.S. port fee countdown jolts global shipping — China-built vessels already rerouted
Less than three weeks remain before a new US port fee targeting China-built or China-operated vessels takes effect. In response, major shipping carriers are already making significant adjustments to ...
With steep new fees scheduled to take effect October 14, ports on east and west coasts of the US are seeing fewer ...
Cosco Shipping rebuked the U.S. Trade Representative’s (USTR) decision to levy port docking fees on Chinese-owned and -operated ships Friday, calling the move “discriminatory” against the country’s ...
Cosco Shipping has been designated as a Chinese military company by the Pentagon, in another sign of intensifying tension between China and the U.S. The U.S. Department of Defense published its annual ...
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Sourcing Journal on MSN
Carriers Slash Sailings Ahead of Golden Week, as Premier Alliance Expects 20% Capacity Cut
Ocean carriers have withdrawn 544,000 TEUs of cargo from the trans-Pacific and Asia-to-Northern Europe trade lanes over the ...
COSCO SHIPPING Holdings Co ( ($HK:1919) ) has provided an announcement. COSCO SHIPPING Holdings Co., Ltd. has announced the formation of a joint ...
China has reached a major landmark in green transportation with the launch of the world's largest fully electric container ship. Developed and manufactured by the state-owned China Ocean Shipping ...
COSCO Shipping Development’s 700 TEU electric container vessel (N997) has been launched at COSCO SHIPPING Heavy Industry (Yangzhou). COSCO says the launch marks a significant advancement in the ...
On January 1, M.V. Cosco Europe, the second 10,000-TEU-Class container ship of Cosco, was delivered at Hyundai Heavy Industries shipyard. The ship left the shipyard for the port of Dalian on the same ...
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