COSCO SHIPPING Ports Limited News

Wallem Group partners with COSCO for maritime innovation

Wallem Group, a global maritime partner, is pleased to announce it has signed a strategic cooperation agreement with COSCO Shipping Seafarer Management Company to enhance the cooperation of both organisations. Green, low-carbon shipping Han Chao, Chairman and Party Secretary of COSCO Shipping Seafarer Management Company, and John Rowley, CEO of Wallem Group, signed the agreement on behalf of both parties. John Rowley, CEO, of Wallem Group, said, “We are honoured to partner with COSCO Sh...

HHLA and CSPL finalise minority shareholding in CTT

Following the completion of the investment screening process, Hamburger Hafen und Logistik AG (HHLA) and COSCO Shipping Ports Limited (CSPL) have signed the agreement for CSPL’s minority shareholding in Container Terminal Tollerort (CTT). This agreement provides CSPL with an interest of 24.99% in HHLA’s Container Terminal Tollerort in Hamburg. CTT will now be developed into a preferred handling location for HHLA’s long-term customer COSCO, where freight flows between Asia an...

The Port of Valencia improves the operability of hauliers with the ValenciaportPCS App

The Port of Valencia has trained 2,600 hauliers operating in the Valencian precinct on the ValenciaportPCS App for mobile devices. The aim has been to promote the use of this application, to actively listen to lorry professionals, to improve the operability of the logistics chain, to promote environmental sustainability and to reduce the number of incidents that drivers may encounter when accessing the site. This training has been carried out by ValenciaportPCS technicians at the entrance and...

Marine insurers publish landmark climate report

In the report, eight of the world’s pioneering marine insurers have gathered and published client data to track their hull and machinery insurance portfolio’s climate impact. The goal is to support the industry’s green transition. “This level of transparency is a major milestone on our journey to decarbonise the maritime industry,” says Patrizia Kern, Chair of the Poseidon Principles for Marine Insurance initiative and Marine Strategy Advisor – CEO...

HHLA declares that Federal Government approves investment by CSPL in operating company HHLA Container Terminal Tollerort

Angela Titzrath, Chairwoman of HHLA's Executive Board, declares: “We appreciate that a solution has been found in objective and constructive talks with the Federal Government.” “Our long-standing Chinese partner COSCO Shipping Ports Limited can acquire a minority share of less than 25 percent in the operating company of Container Terminal Tollerort (CTT) GmbH in Hamburg, subject to the conditions imposed by the Federal Government. We will negotiate a corresponding adjustment o...

COSCO Shipping Lines announces the execution of GSBN service agreement with maritime industry operators

Global shipment management software solutions provider, CargoSmart, announced the execution of Global Shipping Business Network (GSBN) Services Agreements with maritime industry operators CMA CGM, COSCO Shipping Lines, COSCO SHIPPING Ports, Hapag-Lloyd, Hutchison Ports, OOCL, Port of Qingdao, PSA International and Shanghai International Port Group. Under these agreements, each signatory commits to provide resources to support preparatory work required to establish the GSBN, a not-for-profit joi...

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