COSCO Unit Logs Good 2003

Friday, January 09, 2004
COSCO Pacific, an arm of the Chinese shipping conglomerate, reportedly logged a 45% jump in 2003 container volumes, according to a Reuters report. A container leasor and terminal investor COSCO Pacific saw throughput at ports it owns wholly or partly -- a small but fast-growing part of its business -- hit 19.4 million 20 foot equivalent (TEU) units, a senior executive said on Friday. In 2002, COSCO Pacific handled 13.24 million TEUs through the 10 Chinese ports it holds stakes in, according to the wire report, including the former German concession of Qingdao, Shanghai and the southern boomtown of Shenzhen, said Gao Weijie, parent COSCO's vice president.
Maritime Reporter August 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Finance

Norvestor to Become PG’s Largest Shareholder

Norvestor VI, L.P., a fund advised by Norvestor Equity AS, announced it has signed an agreement to invest in Ing Per Gjerdrum AS including its subsidiaries PG Hydraulics AS and PG Construction AS.

GasLog Closes First Option Vessels Dropdown

GasLog Ltd.  announced today the closing of the sale of two modern liquefied natural gas (“LNG”) carriers, the Methane Jane Elizabeth and Methane Rita Andrea,

Brent Holds Above $97, Eyes Worst Quarter Since 2012

Brent crude futures hovered above $97 a barrel on Tuesday, aided by firm U.S. and Chinese data, but the oil benchmark was on track for its deepest quarterly drop

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Naval Architecture Offshore Oil Port Authority Salvage Ship Electronics Ship Simulators Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1371 sec (7 req/sec)