No Data
COSCO SHIP PORT (01199.HK) had a total throughput in June that increased by 4.6% year-on-year.
COSCO SHIP PORT (01199.HK) announced that in June this year, the total throughput (excluding Qingdao Port International and CTT) increased by 4.6% year-on-year; among them, the China region (excluding Qingdao Port International) rose by 2.4%, and overseas regions rose by 10.1%, with the performance of CSP Zeebrugge Terminal outstanding, achieving a year-on-year increase of 47.9% in monthly throughput. From January to June this year, the cumulative total throughput (excluding Qingdao Port International and CTT) increased by 6% year-on-year. Among them, the China region (excluding Qingdao Port International) rose by 4.9%, and overseas regions rose by 8.4%.
Port of Los Angeles Sees Record Container Traffic as Shippers Race to Beat Trump's Tariff Deadlines
BHP Group Ltd and COSCO SHP SG signed a lease contract for ammonia dual-fuel bulk carriers.
Gelonghui, July 2 | According to BHP Group Ltd, BHP Group Ltd has signed a lease contract for two ammonia dual-fuel Newcastlemax bulk carriers with COSCO SHP SG. These two ammonia dual-fuel vessels are scheduled for delivery in 2028 and will primarily be used for the Transportation of iron ore from Western Australia to Northeast Asia.
BHP Group Ltd signed a contract to lease two ammonia dual-fuel bulk carriers from COSCO SHP SG, which can reduce greenhouse gas emissions by up to 95%.
Australia's BHP Group Ltd has announced that it has signed a contract with COSCO SHP SG to lease two ammonia dual-fuel Newcastlemax bulk carriers. These two ships are expected to be delivered starting in 2028, with a lease period of five years, primarily used for transporting iron ore from Western Australia to Northeast Asia. According to BHP Group Ltd, if the vessels use low or near-zero greenhouse gas-emitting ammonia fuel, greenhouse gas emissions can be reduced by 50% to 95% per voyage compared to traditional fuel.
The tariff war combined with low water levels has caused European ports to encounter the worst congestion since the pandemic.
European ports are facing the most severe supply chain congestion since the pandemic, with container ships and barges waiting times in major ports like Rotterdam, Antwerp, and Hamburg extending significantly to 66-77 hours. Furthermore, goods from Asia are redirected to Europe due to high tariffs in the United States, resulting in an approximately 7% surge in imports at European ports. The industry expects that the congestion issue will persist for months.
COSCO SHIP PORT (01199.HK): Tan Ganlan has been appointed as an independent non-executive Director.
On June 27, Gelonghui reported that COSCO SHIP PORT (01199.HK) announced that starting from July 1, 2025: (1) due to age reasons, Fan Xuli Tai will resign as an independent non-executive Director, and will no longer serve as the chairman of the remuneration committee and a member of the audit committee and the nomination committee; and (2) Tan Ganlan has been appointed as an independent non-executive Director, chairman of the remuneration committee, and a member of the audit committee and the nomination committee.