China’s COSCO Shipping Ports takes stake in Red Sea Gateway TerminalCOSCO Shipping Ports of China has entered into an agreement with the founding shareholders of Red Sea Gateway Terminal Limited (RSGT) to acquire a 20 per cent interest in the terminal located at the Islamic Port of Jeddah.
Cosco Shipping plans to invest in 3 LNG carriers for "Arctic LNG 2 Project"For the Arctic LNG 2 initiative, Cosco Shipping Energy Transportation has announced it has approved a proposal to invest in three LNG carriers.
Aegean Shipping orders Aframax pair from COSCOGreek shipping company Aegean Shipping Management recently concluded an agreement to construct two 114,000 dwt tankers with Chinese shipbuilder COSCO Shipping Heavy Industry (Yangzhou) Co.
Cosco Shipping Group to receive chemical tanker pair from ChinaChina Shipping Chemical Carrier, a member of the Cosco Shipping Company, has entered into a letter of intent with Chongqing Chuandong Shipyard to construct an 8,000 dwt chemical tanker.
Liebherr Offshore Cranes Accessing New MarketsLiebherr’s maritime manufacturing plant in Rostock has been awarded the contract to supply the heavy-lift crane for theOrion, a new wind farm installation and platform decommissioning vessel ordered by DEME from COSCO (QiDong) Offshore, a subsidiary of CO