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 Today

The Maritime Industry's original and most viewed E-News Service

Maritime Reporter November 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds


Euroseas Sells C/V Marinos

Euroseas Ltd.  an owner and operator of drybulk and container carrier vessels and provider of seaborne transportation for drybulk and containerized cargoes,

Bill on Danish Maritime Planning Submitted

The bill is to form the basis of a maritime planning act intended to promote economic growth and development of sea areas. The Danish Maritime Authority is to head the work.

Plans to Create Rio Doce Fund

Vale and BHP Billiton announced today plans to work together, with Samarco, to establish a voluntary, non-profit fund to support the rescue and recuperation of the Rio Doce river system,

Maritime Contracts Maritime Security Maritime Standards Navigation Salvage Ship Electronics Ship Repair Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | 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: 0.0788 sec (13 req/sec)