Cosco Shipping News

Image Credit: Aker Solutions

Aker Solutions' Umbilicals for Murphy's King’s Quay FPS

2020 awarded Subsea 7 a contract for the provision of the subsea installation services at the project. The contract is related to the tie-back of seven offshore wells to the semi-submersible production unit.   Illustration; King's Quay FPU aboard the Xiang He Kou vessel - Credit; Cosco Shippin

Pic: CargoSmart

CargoSmart Intros Connected Reefer Solution

end-to-end information transparency, including enhanced reefer container Pre-Trip Inspection (PTI) support, real-time container status monitoring updates, and predictive cargo arrival status. It allows carriers to offer best-in-class performance to shippers with lowered operating costs.  COSCO SHIPPING recorded substantial in reefer container PTI costs after adopting the solution, while reefer sales increased during the same period.CargoSmart Connected Reefer Solution is a leading product under CargoSmart’s AI-driven IoT product series for supply chain management, named SAIOT (Supply-Chain

Image: DNV GL

Seacor Marine Acquires Three Cosco PSVs

The offshore marine support vessels operator Seacor Marine Holdings announced it has entered into definitive agreements to acquire three platform supply vessels (PSVs) from Cosco Shipping Heavy Industry, an affiliate of Cosco Shipping Group, the world’s largest ship owner.Aggregate consideration for the vessels will be approximately $46 million, of which 30% will be paid in cash and 70% will be paid under a four-year deferred payment agreement between Seacor   Marine and Cosco Zhoushan.Half of the cash payment will be funded in the first quarter of 2019 with the balance per vessel to be

COMPAC bearings with key slots for fixed key Thordon Bearings

Log-In Logística selects COMPAC

the Chinese shipbuilder in April 2019, Log-In Polaris will operate in the Brazilian cabotage from Manaus, up in the Amazon river, to Buenos Aires in the Rio de la Plata.   Last year, Thordon received a record number of containership COMPAC contracts, with orders from Lomar, Tropical Shipping, COSCO Shipping and Matson Navigation. To date, Thordon has supplied its water lubricated shaft system to more than 40 containerships.  

Photo: United Arab Shipping Company

UASC Prohibits Shipment of Shark Fin

.    The demand for shark fin as a delicacy is one of the key reasons for over-fishing.     UASC is one of sixteen global carriers that have committed to upholding a policy of not carrying commodities declared as ‘shark fin.’    A week ago,  Cosco Shipping, the world's fourth largest shipping operator which holds 7.7% of the global market share, pledged a total ban on shipping shark fins!   Environmental group WildAid says that the commitments of 17 container shipping lines and 34 airlines have intensified scrutiny of American multinational

New Offshore Wind Project Launched in China

Joint venture between European offshore wind pioneer and Chinese shipping giant; China COSCO Shipping and DEME team up to develop offshore wind energy in China   The Belgian dredging, environmental and marine engineering group DEME and China COSCO Shipping – the largest shipping company in the world – have formed a joint venture to develop offshore wind energy in China.   The cooperation is in line with the Chinese climate vision and its aim to develop renewable energy, both of which were recently incorporated in the 13th Five-Year Plan (2016-2020) for social and economic

The Appomattox semi-submersible offshore platform hull will be transported from South Korea to Ingleside, Texas

Shell, COSCO Ink Appomattox Platform Transportation Deal

  COSCO Shipping    Company    Limited    (COSCOL)    signed    a contract with  Shell    Offshore    Inc.    on    6    July    2015,    for the transportation    of the Appomattox    semi-submersible offshore platform    hull    from    South    Korea    to Ingleside,    Texas. This  &n

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