China Cosco Shipping

MOL and China Cosco Shipping to be co-owners of four LNG tankers

MOL has announced that China COSCO Shipping will participate in the subsidiary of its property that will own four LNG tankers providing services to the Russia Yamal LNG project.

Total ownership will be divided equally between MOL and China COSCO Shipping.

It should be noted that MOL has already signed long-term charter contracts for the four ships through its subsidiary.

This is the fourth joint LNG project involving MOL and China COSCO Shipping, which gives […]

Chinese shipping lines confirm Canal route

El Pasaje Norte-Oeste.

Representatives of China Cosco Shipping, met on April 21 with the administrator of the Panama Canal, Jorge Luis Quijano and reiterated that they have no intention, either now or in the near future, of using the route through the Arctic, because it is too risky for their ships and cargo of their customers.

Quijano said that the representatives of the largest shipping line of China said that in the past they have seen the opportunity […]