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CCSC

Read all the latest news about CCSC. ShippingWatch gives you independent, credible, critical and fair news.

China Cosco exits first quarter with major deficit

The container business of newly merged Chinese shipping group Cosco/China Shipping suffered a major loss in the first three months of the year, particularly attributed to the sale of dry bulk activities as part of the large-scale merger.

Introducing the new major Ocean Alliance

The new French-Asian container alliance will have an impressive capacity, though the 2M alliance will still be bigger in terms of total teu. G6 will be slightly behind. Get an overview of the biggest alliances here.

State aid offset China Cosco's setback in 2015

The newly-merged Chinese shipping group noted a sliding result in 2015, though state aid from the government softened the blow considerably. Continued imbalance in the container market going forward, says the company.

SeaIntel: New mega-alliance to challenge 2M

A new French-Asian container alliance would not just match Maersk Line and MSC's 2M collaboration, it would likely also encounter problems with competition authorities in several places, estimates SeaIntel.

Cosco will radically overhaul shipping alliances

If an alliance between new major Chinese carrier China Cosco Shipping Corporation and French CMA CGM emerges, it could bring Evergreen Line and Orient Overseas Container Line along with it and thereby pull the carpet out from under several existing alliances, writes China Daily.

This is where China's new container player stands

On February 18th, the newly established Chinese container carrier China Cosco Shipping Corporation (CCSC) saw the light of day with the merger of Cosco and China Shipping Group. The container carrier soars on the ranking as one of the world's largest players, Alphaliner writes.

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