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China gives COSCO $6.3bn takeover of OOCL last-minute go-ahead

China’s anti-monopoly bureau has given the green light to COSCO’s $6.3bn takeover of OOIL, including its container arm, OOCL. The stock exchange eleventh-hour notification made no reference to the outstanding approval ...

Antitrust Investigations CFIUS China Cosco OOCL Port of Long Beach Takeover Talk

Jul 4, 2018• 0 Comments•

China Cosco Headlines

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News / COSCO back in the black, with a little help from its state friends

COSCO Shipping posted a net profit of $264m in 2017, reversing a loss of $1.1bn ...

Alphaliner China Cosco CMA CGM Cosco Maersk Merger Mania Ocean Alliance OOCL Takeover Talk

Apr 4, 2018• 0 Comments•

News / Cosco sails back into the black as rate improvements help boost revenue

Chinese shipping giant Cosco Shipping Holdings today reported a 35% year-on-year increase in revenue for ...

China Cosco Cosco Ports The Purse Strings

Oct 31, 2017• 0 Comments•

News / Cash-hungry niche carrier PIL pops up on the radar of acquisitive mega-carriers

Singapore-based Pacific International Lines (PIL) could be the next container line to appear on the ...

China Cosco Hyundai Merchant Marine OOCL Pacific International Lines Takeover Talk Wan Hai Yang Ming Zim

Jul 19, 2017• 2 Comments•

News / Higher rates and volumes shown on carriers's improved balance sheets as SCFI slightly dips

More evidence emerged today that higher volumes and improved contract rates in the second quarter ...

Asia-Mediterranean Asia-North Europe Asia-US east coast China Cosco Rates: the eternal tango SCFI Transpacific Trade Yang Ming

Jul 14, 2017• 0 Comments•

Company News

Tyres On The Drive offers customers online booking via Descartes

Tigers supports South African wine exports for Anthonij Rupert Wyne

Wan Hai Lines joins INTTRA network

PSA’s Bharat Mumbai Container Terminals receives first coastal service call from Shreyas Shipping

Valencia Index sees slight decline in September's Med freight rates

Saudia Cargo launches Fly Express service

AirBridgeCargo Airlines to set up its European hub at Liege Airport

P&O Ferrymasters buys 150 Huckepack trailers to lift Central Europe-Rotterdam rail capacity

P3 signs Airbus for Madrid region logistics park

Aldi and Dachser extend their UK partnership

BluJay acquires Italian customs solution provider, ERA System

Howard Tenens wins Cromwell Tools contract

XPO Logistics to deploy 5,000 collaborative warehouse robots in North America and Europe

Abreu Carga chooses BluJay Solutions as its core technology platform

Unilode and Cathay Pacific successfully conclude trials

Samskip upgrades Nor Lines shortsea service network connecting to Norwegian coasts

News / Transpacific box trade will get a new market leader after Cosco's OOCL buy

The transpacific container shipping market is set for a fundamental change if Cosco completes its acquisition of ...

Asia-US east coast China Cosco CMA CGM K Line MOL NYK Ocean Alliance Ocean Network Express OOCL Panama Canal Transpacific Trade

Jul 13, 2017• 0 Comments•

Comment / Analysis: Cosco's acquisition of OOCL – the most expensive in liner history?

The China Cosco/OOCL saga is officially over – or is it? Reaction On the stock market, the ...

China Cosco Financial footings OOCL Takeover Talk

Jul 11, 2017• 0 Comments•

News / Cosco buys OOCL for $6.3bn to form the world's third-largest liner company

Cosco has teamed with Chinese port operator Shanghai International Port Group (SIPG) to acquire Orient ...

China Cosco CMA CGM Ocean Alliance OOCL Shanghai International Port Group Takeover Talk

Jul 10, 2017• 0 Comments•

Recommends / The geopolitics of container shipping alliances

Shipping expert Olaf Merk looks at the future of container shipping in this insightful blog ...

China Cosco consolidation Ocean Alliance Takeover Talk

Jul 10, 2017• 0 Comments•

News / OOCL now a target for CMA CGM following silence from Cosco?

Mid-sized ocean carrier OOCL is seen as “the only attractive takeover target of substantial size ...

China Cosco CMA CGM Ocean Alliance OOCL Takeover Talk

Jul 5, 2017• 0 Comments•

Comment / Analysis: Cosco takeover of OOCL? Beijing could do better

Some 70 years after it was founded by CY Tung, market reports have again emerged that suggest ...

China Cosco OOCL Takeover Talk

Jun 27, 2017• 0 Comments•

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Antitrust Investigations CFIUS China Cosco OOCL Port of Long Beach Takeover Talk Alphaliner CMA CGM Cosco Maersk Merger Mania Ocean Alliance Cosco Ports The Purse Strings Hyundai Merchant Marine Pacific International Lines Wan Hai Yang Ming Zim Asia-Mediterranean Asia-North Europe Asia-US east coast Rates: the eternal tango SCFI Transpacific Trade K Line MOL NYK Ocean Network Express Panama Canal Financial footings Shanghai International Port Group consolidation Descartes Tyres on the Drive UK Germany South Africa Tigers US wine INTTRA Taiwan Wan Hai Lines Bharat Mumbai Container Terminals India Mumbai PSA Shreyas Shipping and Logistics Valencia Saudia Cargo AirBridgeCargo Liege Airport P&O Ferrymasters Poland Rotterdam Airbus Spain Dachser BluJay Cromwell Tools Howard Tenens Robots XPO Logistics Unilode Nor Lines Samskip