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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•

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•

Company News

Davies Turner on the move in Scotland

OOCL announces new Middle East /Indian Subcontinent-East Mediterranean service

Corporate website of Turkish Cargo is now globally accessible with its updated interface

DSV Canada breaks ground on new 1.1m sq ft facility in Ontario

Turkish Cargo’s growth trend continues without slowing down

SEKO Logistics partners with ShipStation to give eCommerce merchants access to cross-border solutions

APL Asia-Gulf Market: extension of network with improved WAX and WA3

Sequential loading of Volga-Dnepr IL-76TD-90VD freighters reduces ground handling time by six hours

Qatar Airways to expand its operations in Iran in 2019

Palletways launches new Hungarian network

BluJay accelerates customer supply chains with global network update

Port of Grangemouth delivers faster service as new crane gets to work

Kontainers enables freight forwarder digital expansion with $1m end-of-year software giveaway

BEST handles new rail service connecting Barcelona with Lyon

GEFCO partners with Actility and Wakeo to develop new track and trace solution for motorcycle cradles

Avianca Cargo arrives in Brussels, connecting South America and Europe

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•

News / Cosco is to buy OOCL – 'almost a done deal' says insider

China’s Cosco Shipping may be about to announce that it is to acquire Hong Kong-based carrier OOCL. An ...

China Cosco Ocean Alliance OOCL Takeover Talk ULCVs

Jun 20, 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 ULCVs Davies Turner Canada DSV Turkish Cargo SEKO Logistics APL Volga Dnepr Qatar Airways Palletways BluJay Grangemouth Kontainers Barcelona France On the right track Spain Actility Gefco Techstars Wakeo Avianca Brussels Airport