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Competitive Environment Caused Container Shipping Consolidation

July 26, 2017 12:05 am Published by

The world’s container shipping fleet, which has been replenishing itself with ever-bigger ships, has grown faster than the demand it serves. Unnecessary expansion by some companies, in an industry which over-values market share, has hurt industry competition by eliminating smaller …

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Last Year Chinese Companies Invested $20 Billion in Ports

July 24, 2017 12:05 am Published by

In the year ending June 2017, Chinese companies, including Cosco, spent $20 billion purchasing overseas ports. This was double the amount they invested in the same period a year earlier. China’s shipping investments are driven by a long-term push for …

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Indonesia’s Investment Increased Container Shipping Activity

July 18, 2017 12:05 am Published by

Despite previously being "under-served" by container shipping lines, Indonesia's strengthening economy and transport investment is increasing container shipping activity in the country.

Although Indonesia boasts the largest economy in Southeast Asia, the World Bank ranked the country below the region’s …

indonesia shipping industry

Cosco invests $200 Million in 154,000 Second-Hand Containers

July 17, 2017 12:05 am Published by

Cosco Shipping's container leasing arm, Florens Container Investment, has entered into an agreement to invest $200.38 million into the purchase of 154,000 second-hand shipping containers.

As the company strives to develop its container leasing business in the long run and

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Cosco Has Agreed to Purchase Orient Overseas Container Line

July 10, 2017 12:05 am Published by

In deal that could be valued at approximately $6 billion, Cosco Group has agreed to purchase it's shipping rival Orient Overseas Container Line Co. The takeover will make Cosco the world’s third-biggest container line after Maersk Line and the Mediterranean …

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