CSSC announces historic deal with QatarEnergy

On Monday, China State Shipbuilding Corp, the world’s largest shipbuilder, received what it calls the world’s largest single order of ships from energy industry giant QatarEnergy. The State-owned conglomerate signed a contract for 18 super-heavy, liquefied natural gas (LNG) tankers with QatarEnergy at a signing ceremony in Beijing, which was participated by Qatar’s Minister of … Continue reading CSSC announces historic deal with QatarEnergy

COSCO Shipping to bulk up with 80 new vessels

A COSCO vessel docks at Taicang Port, Jiangsu province. JI HAIXIN/FOR CHINA DAILY COSCO Shipping Specialized Carriers Co, a unit of State-owned China COSCO Shipping Corp — based in Guangzhou, Guangdong province — will add more than 80 vessels with different functions into its fleet over the next two years, said a senior executive on Tuesday. … Continue reading COSCO Shipping to bulk up with 80 new vessels