COSCO

Hefty US port fees to hit ZIM and CMA CGM hardest

Alphaliner’s analysis shows that ZIM Line and CMA CGM will be the worst hit should US President Donald Trump succeed in implementing hefty port charges for ship operators with Chinese-built ships.

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jQuery(document).ready(function(){ jQuery(‘#dd_24164d70b43b27e641ea13baaf663047’).on(‘change’, function() {...

https://container-news.com/hefty-us-port-fees-to-hit-zim-and-cma-cgm-hardest/

Top 10 Ocean Carriers by Revenue in 2024

The global shipping industry continues to be dominated by key players, with Maersk and CMA CGM leading the pack in 2024, each generating an impressive US$55.5 billion in revenue.

Following behind is COSCO with US$32.3 billion, solidifying its position as a major force in maritime logistics.

Hapag-Lloyd and Ocean Network Express (ONE) secured the fourth and fifth spots with US$20.7 billion and US$18.8 billion, respectively, reflecting steady growth in global trade and container demand. Evergreen,...

https://container-news.com/top-10-ocean-carriers-by-revenue-in-2024/

COSCO doubles profits in 2024

COSCO SHIPPING Holdings reported a doubling of annual profits, achieving an operating revenue of RMB 233.86 billion (US$32.3 billion) in 2024, representing a 33.3% year-on-year increase.

Additionally, the company’s Earnings Before Interest and Taxes (EBIT) reached RMB 69.95 billion (US$9.65 billion), representing an increase of 90.8% year-on-year, the net profit was approximately RMB55.40 billion (US$7.6 billion), translating to 95% growth, and the net profit attributable to the shareholders...

https://container-news.com/cosco-doubles-profits-in-2024/

Πόσο θα πληρώνει ένα πλοίο της COSCO στα λιμάνια των ΗΠΑ με τους νέους δασμούς;

Ανησυχία επικρατεί για τους ενδεχόμενους δασμούς που έχει εξαγγείλει ο εμπορικός αντιπρόσωπος των ΗΠΑ (USTR) και αφορούν τα πλοία τα όποια έχουν κατασκευαστεί σε Κινέζικα ναυπηγεία. Πολλοί επικρίνουν αυτά τα κατ’ αποκοπή τέλη ως άδικα, ιδίως για τη μεταφορά εμπορευματοκιβωτίων.

Πιο συγκεκριμένα η πρόταση του USTR περιλαμβάνει:

  • – 1,5 εκατομμύριο δολάρια ανά λιμένα για πλοία κινεζικής κατασκευής
  • – 1 εκατομμύριο δολάρια ανά κάθε φορά που καταπλέει ένα πλοίο στο λιμένα για της διαχειρίστριες...

https://e-nautilia.gr/poso-tha-plhrwnei-ena-ploio-ths-cosco-me-tous-neous-dasmous/

Container Shipping Market: Weekly Analysis

The container shipping market exhibited a mix of resilience and volatility this week, with stocks reflecting the impact of global trade flows, fuel costs, and supply-demand imbalances. While some companies managed to post gains, others experienced notable declines due to shifting freight rates and macroeconomic pressures.

This report provides a detailed company-by-company analysis, shedding light on the forces driving each stock’s performance.

  • COSCO SHIPPING Holdings Co Ltd ADR (CICOY)

COSCO...

https://container-news.com/container-shipping-market-weekly-analysis/

Ocean Alliance replaces Rotterdam with Southampton on Europe-Far East service

Ocean Alliance of CMA CGM, COSCO, Evergreen and OOCL has decided to change the port rotation of a service between Europe and the Far East.

According to DynaLiners, the container shipping grouping will remove the Dutch port of Rotterdam from the service, replacing it with the port of Southampton in the United Kingdom.

The revised service, which is operated by 17 vessels of around 17,000 TEUs, will be as follows:

Ningbo (China) – Shanghai (China) – Shenzhen (Yantian, China) – Singapore – Tangier...

https://container-news.com/ocean-alliance-replaces-rotterdam-with-southampton-on-europe-far-east-service/

PPG completes landmark drydocking for COSCO Shipping Energy

PPG has completed the first drydocking project for COSCO Shipping Energy Transportation using the electrostatic application of its PPG SIGMAGLIDE® fouling release coating.

The project was carried out on the Yuan Chun Hu, a 333-meter crude oil tanker owned by COSCO Shipping, at the Liuhengdao shipyard in Zhoushan, China. The vessel’s underwater hull was coated with PPG Sigmaglide 2390, while the boot-top received PPG NEXEON 810 antifouling coating.

As the operator of Asia’s largest tanker fleet,...

https://container-news.com/ppg-completes-landmark-drydocking-for-cosco-shipping-energy/

Container Market Weekly Performance: Trends, Gains, and Losses

Container market performance this week reflects the ongoing volatility in global trade, with shipping companies experiencing a mix of gains and losses. While some carriers managed to post positive returns, others struggled with sharp declines, impacted by fluctuating demand, geopolitical factors and external economic pressures. The latest data provides a comprehensive view of how major players navigated these challenges, highlighting key trends and shifts in the industry.


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https://container-news.com/container-market-weekly-performance/

Shipping Stocks Overview: Weekly Market Highlights

The container shipping sector experienced a mix of steady performances and price fluctuations over the past week, as investors reacted to global trade dynamics, freight rate movements, and broader economic conditions.

While some ocean carriers capitalized on strong demand in specific trade lanes, others faced moderate corrections due to shifting supply chain trends. With geopolitical factors, fuel costs, and cargo volumes playing a crucial role, the sector remains an area of keen investor focus....

https://container-news.com/shipping-stocks-overview-weekly-market-highlights/

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