COSCO has reopened Gulf container bookings, but Hormuz controls, stranded ships and weaker freight rates show pressure remains across the regional shipping market.
COSCO’s Xin Yao Hua has loaded the fourth batch of jacket foundations for the Inch Cape Wind Power Project, adding to foundation transport activity for the 1.1 GW Scottish offshore wind development.
COSCO Shipping Specialised Carriers has approved four 40,000 DWT multipurpose heavy-lift newbuildings at CSSC Chengxi, targeting 2028–2029 delivery to support wind and project cargo transport.
Cosco semi-submersible heavy lift vessel ZHI YUAN KOU has arrived at Abidjan to discharge a Bourbon Offshore PSV after sailing from CARACAS BAY Port, Curacao.
The Trump administration has announced a one-year suspension of port fees on China-linked vessels and will begin negotiations with China on shipbuilding and maritime logistics under the Section 301 framework.
U.S. carrier Matson has paid $6.4 million in Chinese port fees since October before the 12-month U.S.-China tariff pause.
COSCO orders 29 new ships worth $1.7b amid U.S. port fee measures, expanding its green fleet and advancing China’s maritime goals.
SBM Offshore has signed a Memorandum of Agreement with COSCO Shipping Heavy Industry for a new Fast4Ward FPSO hull, expanding its Chinese shipyard partnerships and reinforcing its project pipeline.
COSCO’s MV Kang Sheng Kou departed Qidong Port on October 2 carrying components for the Ridley Island Energy Export Facility in British Columbia. The vessel is now sailing the East China Sea.
