Cosco
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Company earnings
Container shipping’s ‘hockey stick’: Liner profits just keep on climbing
As America struggles with a growing supply chain crisis, ocean carriers rake in even more profits.
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American Shipper
Scores of container ships waiting to transit Suez Canal
“Strong winds” are blamed for causing the 20,000-TEU Ever Given to get stuck and block Suez Canal traffic in both directions.
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American Shipper
OOCL Q3 revenue climbs 16.3%
Hong Kong-based container carrier moves 1.94 million TEUs during the third quarter of 2020.
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American Shipper
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American Shipper
Port of Virginia rapidly moving COVID-19 test kits
Critical cargo initiative launched to quickly process imports needed in the fight against the coronavirus.
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American Shipper
COSCO Shipping Q3 operating profit more than doubles
COSCO Shipping Holdings said its third quarter profit more than doubled.
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American Shipper
Port of Los Angeles OKs report for West Basin Container Terminal
Port of Los Angeles approves environmental plan for terminal that accounts for 17% of its container volume.
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American Shipper
Maritime History Notes: The China trade 1784 to today
For 235 years China and the U.S. have sought out each other’s markets by utilizing their fleets of merchant ships.
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American Shipper
US sanctions two COSCO tanker operators for Iranian oil activity
The U.S. Office of Foreign Assets Control said the sanctions do not apply to parent company COSCO Shipping Corp. and other affiliates not involved in…
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Maritime
Sale of Gioia Tauro terminal expected within weeks
Changing trading patterns have seen volumes at the port of Gioia Tauro decline. Its only remaining customer, MSC, is expected to successfully conclude more than…
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