Cosco Agrees to Postpone Bulker Delivery

China’s Cosco (Zhoushan) Shipyard, part of Cosco Shipyard Group, has agreed to postpone the delivery of one bulk carrier to an unnamed European client by one year.

COSCO Shipyard to Take Over Wartsila’s Stake in COSCO STA

COSCO Shipyard Group (CSG) has inked an equity transfer and joint venture termination agreement with Wartsila Singapore, part of Finnish engineering company Wartsila, to acquire Wartsila’s 40% interest in COSCO Shipyard Total Automation Co. (COSCO STA).

Sembcorp Sells Its Stake in COSCO Shipyard Group

Singapore-based marine and offshore engineering group Sembcorp Marine has decided to sell its 30 percent equity interest in COSCO Shipyard Group.

CMA CGM Orders Four Boxships from COSCO Zhoushan

French shipping giant CMA CGM has ordered four 3,300 TEU container vessels from the Chinese COSCO (Zhoushan) Shipyard, a subsidiary of COSCO Shipyard Group.