RMB 2.624 Billion! COSCO Shipping Specialized Places Another Order for 8 Heavy‑Lift Vessels

On July 21, 2026, COSCO Shipping Specialized Carriers Co., Ltd. (hereinafter referred to as “COSCO Shipping Specialized” or the “Company”) announced that it plans to have its wholly‑owned subsidiary, COSCO Shipping (Hong Kong) Investment Development Co., Ltd., or its affiliated entities, act as the investment vehicle to build eight 60,000‑tonne multi‑purpose heavy‑lift vessels at CSSC Chengxi Shipbuilding Co., Ltd. The total contract price for the vessels shall not exceed RMB 2.624 billion (excluding tax), with a unit price of no more than RMB 328 million per vessel.

The 'WONTANARA' – A Self-Unloading Champion – Drives Iron Ore Logistics from Guinea to China

On the morning of July 21, CSSC Chengxi Shipyard delivered the world’s first independently developed 41,800 DWT bi-directional sailing self-unloading vessel, the “WONTANARA”, to the Rio Tinto Group.

China's first cross-border sea-rail-road 'one-document' block train has been successfully inaugurated.

A container train loaded with Korean commercial vehicles and auto parts departed from Shandong Port Yantai Port on July 21, heading for Kyrgyzstan. This marked the successful launch of the country's first cross-border "one-document" sea-rail-road block train, achieving for the first time seamless intermodal transport from East Asia to Central Asia via "maritime + railway + highway."

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.