COSCO SHIPPING Lines - Experts & Thought Leaders
Latest COSCO SHIPPING Lines news & announcements
Many visitors to the joint stand of the Port of Hamburg and Hamburger Hafen und Logistik AG (HHLA) during the China International Import Expo (CIIE) in Shanghai are interested in the green transformation of supply chains. The change towards more sustainable logistics can only succeed at the international level. Accordingly, the Port of Hamburg is presenting itself at the China International Import Expo (CIIE) in Shanghai 2024 under the motto ‘Sustainable Development in the Context of the Energy Transition’. Local presence "For years, the Chinese market has been the largest for the Port of Hamburg. China is Hamburg's top customer with a container throughput of over two million TEU per year," says Volker Werner, Director of Sales at HHLA. "To further strengthen our valued relationships and establish new ones, it is essential for us to maintain a local presence." All-Purpose Port As part of its sustainable transformations, the port is increasingly becoming an international hub As Germany's largest All-Purpose Port, the Port of Hamburg is characterised not only by its sustainable rail connections to Central and Southeastern European markets. As part of its sustainable transformations, the port is increasingly becoming an international energy hub. This was also one of the key topics at the 5th German Logistics Roundtable, which the Hamburg Liaison Office (HLO) organised on behalf of Port of Hamburg Marketing, HHLA, TSIT, and DB Cargo Transasia during the trade fair. With over 60 guests, this roundtable was also well attended. Sustainability "The strong interest from guests at our exhibition stand and the roundtable demonstrates that we are on the right track with our focus on sustainability at CIIE," says Axel Mattern, CEO of Port of Hamburg Marketing (HHM). "In this context, we can work with our partners to define and develop sustainable supply chains." Green shipping corridor The MoU was signed during the North Bund Forum 2024 for International Shipping and Aviation in October The recently signed Memorandum of Understanding (MoU) between the Shanghai Municipal Transportation Commission, Hamburg Port Authority (HPA), COSCO Shipping Lines Co., Ltd., and Shanghai International Port (Group) Co., Ltd. to establish a green shipping corridor shows how close relations with Chinese ports like Shanghai already are. The MoU was signed during the North Bund Forum 2024 for International Shipping and Aviation in October, to make the shipping industry more environmentally friendly and reduce its carbon footprint, while also promoting the sustainable development of global maritime transport. Warehouse and transport logistics services However, the Port of Hamburg’s relationship with the Port of Shanghai goes back much further. As early as 2004, the two ports signed a Sister Port Agreement. The opportunities offered by the Port of Hamburg are also presented by the Hamburg exhibitors at the joint stand. The exhibitors include HHM, HLO, HHLA, and the newcomer TSIT, who offer bonded warehouse and transport logistics services in Europe.
Kongsberg Maritime has secured a contract from COSCO Shipping Heavy Industry to supply a package of mission-critical technology for its latest Wind Turbine Installation Vessel (WTIV), which is currently under construction for Cadeler, a shipping and construction company operating in the offshore wind industry. This is the fifth Cadeler offshore installation vessel to be built at COSCO’s Qidong yard in China, all equipped with Kongsberg Maritime systems. The value of this latest contract is around 350MNOK. GUSTO NG-20000X design The new vessel, of GUSTO NG-20000X design, will be the third A-class WTIV to join the Cadeler fleet. It will be one of the world’s largest installation vessels in the offshore wind market, with a deck space of 5,600m2 and a payload of over 17,600 tons. Kongsberg Maritime will supply the complete electrical, automation, and propulsion system, with a system comprising nine thrusters, all with fixed-pitch propellers. The package comprises four UUC355FP main propulsion thrusters, two ULE355FP retractable azimuth thrusters, and two TT3300DPNFP tunnel thrusters. Dynamic positioning (DP) system The battery-hybrid electrical system can reduce the number of engines required for crane operations The electrical system with generators MV and LV SWBDs, DC-SWBDs, ESS, and propulsion drives in addition to the integrated control system, including the dynamic positioning (DP) system. Tailored energy control functions also optimise the vessel’s energy efficiency, and the battery-hybrid electrical system can reduce the number of engines required for crane operations and maneouvering. Cadeler already has two P-class, two M-class, and three A-class vessels under construction, the last of which is due for delivery in H1 2027. sustainability goals Speaking at the recent christening ceremony for the latest P-class vessel Wind Peak, Mikkel Gleerup, CEO of Cadeler, said, "Our vessels are engineered to address both the present and future demands of the offshore industry." "With the growing need for efficient offshore wind farms to support global sustainability goals, there is a demand for larger turbines and more advanced vessels to install them. KONGSBERG's cutting-edge technology plays a crucial role in making this possible." Offshore wind installation Halvor Økland, Tender Engineering Director, Integrated Solutions, Kongsberg Maritime, added, “We are delighted to have once again secured a significant contract from COSCO Shipping Heavy Industry to supply an extensive range of technology for Cadeler’s latest jack-up vessel." “The company has exciting plans for the future of offshore wind installation and their continued investment in a fleet of state-of-the-art installation vessels, is setting the standard for offshore wind operations. Seeing the recent completion of their latest new build, the Wind Peak, was a proud moment for the Kongsberg Maritime team, and we look forward to working with COSCO Shipping Heavy Industry on the delivery of the rest of these highly capable ships.”
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 Shipping Seafarer Management Company to work together towards common goals on green, low-carbon, and intelligent shipping, and to leverage respective strengths to further integrate resources and jointly enhance competitiveness in ship management.” Innovation and sustainability Han Chao, Chairman and Party Secretary of COSCO Shipping Seafarer Management Company, commented, “The agreement with Wallem Group is a significant move for COSCO Shipping Seafarer Management Company which expands cooperation with a global third-party ship management company, as part of COSCO’s strategy to continuously deepen reform and accelerate enhancements in productivity.” This partnership underscores both companies’ commitment to innovation and sustainability in the maritime industry, aiming to set new benchmarks in ship management and crew services.