COSCO Shipping has been selected for the 2026 Fortune China 500 list, ranking 60th!

On July 21, Fortune China released its 2026 Fortune China 500 list, and China COSCO Shipping Corporation Limited was ranked 60th on this year's list.

Ship Explosion at Wuhan's Yangluo Port Leaves One Crew Member Missing

According to a report by Xinhua News Agency, at 5:30 a.m. on July 22, the LNG-fueled hybrid container ship "Yihang Mingyuan" experienced a loud explosion in its aft compartment while berthing at Berth A101 of Yangluo Port, and some containers fell into the water. Preliminary information indicates that seven empty containers fell overboard and one crew member is missing.

China and Panama renew maritime port agreement – Foreign Ministry responds

A reporter asked: According to Panamanian sources, China and Panama have reached a consensus on renewing a maritime transport agreement. Could you share more details? Additionally, are there any new developments regarding the detention of Panamanian-flagged vessels at Chinese ports?

World's First 10,000-Vehicle-Class Car Carrier Equipped with PV System Delivered

On July 21, Guangzhou Shipyard International Co., Ltd. (GSI), a subsidiary of China State Shipbuilding Corporation (CSSC), jointly with China Shipbuilding Trading Co., Ltd., held an online remote signing ceremony to deliver the 10,800-CEU LNG dual-fuel powered car carrier "GLOVIS NOVA" to Korea Ocean Business Corporation (KOBC). This is the third 10,800-CEU LNG dual-fuel car carrier delivered by GSI and, more notably, the world's first 10,000-vehicle-class car carrier equipped with a photovoltaic power generation system. The online delivery method further reflects KOBC's longstanding trust in CSSC's shipbuilding capabilities and GSI's construction quality.

Europe's "Frenzied Rush" for Chinese Air Conditioners: What Does It Mean for Container Shipping?

During the summer of 2026, a combination of El Niño and global warming has brought extreme temperatures exceeding 40°C to multiple European cities, driving increasingly urgent demand for cooling equipment across the continent.

Haitong Development Delivers Stellar First-Half Results with Net Profit Surging 502%

​Haitong Development released its 2026 semi-annual report on July 20.

Hapag-Lloyd Sues NYK and Two Other Companies, Seeking $2.2 Million in Damages

Hapag-Lloyd Sues NYK and Two Other Companies, Seeking $2.2 Million in Damages

Listed Shipowner Accelerates Liquidation, Sells 51 Bulk Carriers for $840 Million

​Taylor Maritime is rapidly advancing its liquidation process, with its fleet having shrunk from a peak of over 50 vessels to just five remaining ships.

Chemical Leak on MSC Cargo Ship: 155 Receive Medical Attention, 28 Hospitalised

​A dangerous chemical leak occurred at the Port of Antwerp in Belgium on the evening of July 15.

Trump Abandons 20% Transit Fee Plan for the Strait of Hormuz

US President Donald Trump abruptly reversed course on July 14, announcing the cancellation of a planned 20% fee on commercial vessels transiting the Strait of Hormuz.