COSCO Shipping Energy Transportation invests $378 mln in six new tankers. Find the latest news from the maritime industry on the PortNews website.

COSCO Shipping Energy Transportation (CSET) has ordered 6 new tanker vessels at a price of CNY 3.496 billion ($378.3 million) ...

According to Maersk's 2024 financial report, the company generated operating revenue of $55.48 billion during the reporting period, marking an 8.65% year-on-year increase. Profitability significantly ...

State-owned giant Cosco Shipping Energy Transportation (CSET) is expanding its tanker fleet with new orders. A filing revealed directors have approved the construction of two aframaxes, two LR2s and ...

Cosco Heavy Industry operates nine shipyards and its expertise includes shipbuilding, offshore engineering and construction.

Here’s what you need to know as ocean carrier alliances prepare to deploy new and reorganized container services.

GTT and CHI, a large-scale heavy industry enterprise, including shipbuilding, offshore engineering and construction, which operates nine shipyards, had previously signed a cooperation agreement in ...

GTT, COSCO Shipping LNG Investment (Shanghai) and COSCO Shipping Heavy Industry have signed a strategic cooperation agreement ...

The Ocean Alliance of CMA CGM, Cosco Shipping, Orient Overseas Container Line and Evergreen remains the same, already ...

WASHINGTON - US President Donald Trump signed an executive order on Saturday to impose a 10-percent tariff on goods imported ...

The report finds that a $30/mt CO2e levy would be insufficient to drive shipping’s energy transition during the crucial 2027-2035 period. It says a global fuel standard and a flexible mechanism alone ...

The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...