COSCO Shipping Ports

COSCO Shipping Ports Takes 60% Stake In Chancay Terminal

Cosco Shipping Panama (1)

COSCO SHIPPING Ports Limited (”COSCO SHIPPING Ports” or “CSP” or “Company”), a leading ports operator in the world, announced that the Company will establish its first greenfield subsidiary in South America by acquiring 60% stake in Terminales Portuarios Chancay S.A. (Chancay Terminal) from Volcan Compañía Minera S.A.A., (“Volcan”) for a total consideration of US$225million, with an initial payment of US$56million.

Image Credit: irasia.com

At a signing ceremony held today at Davos, Switzerland,...

https://www.marineinsight.com/shipping-news/cosco-shipping-ports-takes-60-stake-in-chancay-terminal/

COSCO enhances its global terminal network

COSCO SHIPPING Ports Limited (”COSCO SHIPPING Ports” or “CSP” or “Company”), a leading ports operator in the world, on Jan. 23 announced that the Company will establish its first greenfield subsidiary in South America by acquiring 60% stake in Terminales Portuarios Chancay S.A. (Chancay Terminal) from Volcan Compañía Minera S.A.A., (“Volcan”) for a total consideration of US$225 million, with an initial payment of US$56 million.

At a signing ceremony held today at Davos, Switzerland, Mr. Zhang...

http://container-news.com/cosco-enhances-global-terminal-network/

Cosco desembarca en Sudamérica con la construcción de una terminal en Perú

Cosco Shipping Ports, la filial del conglomerado estatal china Cosco, amplía su red internacional con su primera operación en Sudamérica tras cerrar este miércoles un acuerdo que le permitirá construir una terminal en el puerto peruano de Chancay. La operación se ha cerrado en Suiza, con motivo de la celebración del  Foro Económico Mundial, con la firma de la adquisición parte de Cosco del 60% de la empresa peruana Volcán Compañía Minera en la sociedad Terminales Portuarios Chancay, por 225...

http://elvigia.com/cosco-desembarca-en-sudamerica-con-la-construccion-de-una-terminal-en-peru/

COSCO strengthens its presence in S.E. Asia with PSA deal

COSCO SHIPPING Ports Limited (”COSCO SHIPPING Ports”, “CSP” or the “Company”)  announced that the Company has signed official agreement with PSA Corporation Limited (“PSA”) for the addition of two new berths at the COSCO-PSA Terminal (“COSCO PSA Terminal” or “CPT”) in Boao, Hainan.

The two new berths have commenced official operation from 1 January 2019 and enabled CPT to equip with five mega-vessel berths, increased its annual handling capacity from previously 3 million TEUs to about 5 million...

http://container-news.com/cosco-strengthens-presence-s-e-asia-psa-deal/

COSCO, HIT, ACT & MTL enter into a Hong Kong Seaport agreement

Enhance competitiveness of the Terminals
Further strengthen Hong Kong as an International Shipping Hub

Hong Kong – 9 January 2019 – COSCO SHIPPING Ports Limited (”COSCO SHIPPING Ports” or “CSP”) today announced that COSCO-HIT Terminals (Hong Kong) Limited (“CHT”), Asia Container Terminals Limited (“ACT”), Hongkong International Terminals Limited (“HIT”) and Modern Terminals Limited (“MTL”) entered into a Hong Kong Seaport Joint Operating Alliance Agreement. The four companies will collaborate...

http://container-news.com/cosco-hit-mtl-hong-kong-seaport-agreement/

COSCO SHIPPING Ports received an award

COSCO SHIPPING Ports Limited (”COSCO SHIPPING Ports” or “CSP”), a leading ports operator in the world, announced that the Company has won the title of the “Best Port Operator 2018” awarded by International Business Magazine. This is the first time the Company won the award. In July 2018, the Company has won the “Most Innovative Port Operator” by International Finance. The Company’s excellent operation has been highly recognized by the market. Since the corporate restructure completed in 2016,...

http://container-news.com/cosco-shipping-ports-award/

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