Cosco Shipping

XCMG Ships 972 Units of Construction Machinery Equipment to South America

Retrieved on: 
Tuesday, July 20, 2021

LIANYUNGANG, China, July 20, 2021 /PRNewswire/ --Leading construction machinery manufacturer XCMG (000425.SZ) sends off 972 units of construction machinery products to customers in South America via COSCO Shipping on July 20 from Lianyungang, China.

Key Points: 
  • LIANYUNGANG, China, July 20, 2021 /PRNewswire/ --Leading construction machinery manufacturer XCMG (000425.SZ) sends off 972 units of construction machinery products to customers in South America via COSCO Shipping on July 20 from Lianyungang, China.
  • "The delivery event in partnership with COSCO Shipping is of great significance for XCMG and our partners.
  • The Venezuelan government issued a benefit plan of 2 million houses to solve living problems for residents, which required a large number of construction machinery equipment.
  • With comprehensive product lineups, reliable quality and leading manufacturing and service capabilities, XCMG signed the largest export order of 6,025 units of equipment.

XCMG Ships 972 Units of Construction Machinery Equipment to South America

Retrieved on: 
Tuesday, July 20, 2021

LIANYUNGANG, China, July 20, 2021 /PRNewswire/ --Leading construction machinery manufacturer XCMG (000425.SZ) sends off 972 units of construction machinery products to customers in South America via COSCO Shipping on July 20 from Lianyungang, China.

Key Points: 
  • LIANYUNGANG, China, July 20, 2021 /PRNewswire/ --Leading construction machinery manufacturer XCMG (000425.SZ) sends off 972 units of construction machinery products to customers in South America via COSCO Shipping on July 20 from Lianyungang, China.
  • "The delivery event in partnership with COSCO Shipping is of great significance for XCMG and our partners.
  • The Venezuelan government issued a benefit plan of 2 million houses to solve living problems for residents, which required a large number of construction machinery equipment.
  • With comprehensive product lineups, reliable quality and leading manufacturing and service capabilities, XCMG signed the largest export order of 6,025 units of equipment.

Global Container Names Stephen Controulis As Chief Financial Officer

Retrieved on: 
Monday, July 19, 2021

Global Container International Holdings LLC (GCI) today announced that Stephen Controulis will be joining its executive management team as Chief Financial Officer.

Key Points: 
  • Global Container International Holdings LLC (GCI) today announced that Stephen Controulis will be joining its executive management team as Chief Financial Officer.
  • Steve is an accomplished C-Suite executive with significant experience in financial services, including more than 20 years in the container leasing industry where he was the Chief Financial Officer of Triton Container International Limited.
  • Most recently, Steve was the Chief Financial Officer of Solar Mosaic, a specialty clean-energy finance company.
  • Global Container International LLC is a Bermuda-based marine container leasing company with worldwide operations including offices or agency representation in the United States, Hong Kong, Shanghai, Singapore, Antwerp, Taipei, and Seoul.

CIMC Vehicles is Officially Listed on the ChiNext Board of China

Retrieved on: 
Thursday, July 8, 2021

HONG KONG, July 8, 2021 - (ACN Newswire) - CIMC Vehicles (Group) Co., Ltd. ("CIMC Vehicles" or the "Group", stock code: 1839.HK/301039.SZ) announces that it has been officially listed on the ChiNext Board of China and achieved "A+H" dual-listing status.

Key Points: 
  • HONG KONG, July 8, 2021 - (ACN Newswire) - CIMC Vehicles (Group) Co., Ltd. ("CIMC Vehicles" or the "Group", stock code: 1839.HK/301039.SZ) announces that it has been officially listed on the ChiNext Board of China and achieved "A+H" dual-listing status.
  • For its listing on the ChiNext Board, CIMC Vehicles issued approximately 253 million shares at an offer price of RMB 6.96 per share.
  • In addition to the global semi-trailer business, CIMC Vehicles also engages in truck bodies for specialty vehicles as well as refrigerated truck bodies in China.
  • In China, the company manages renowned brands such as "Tonghua", "Huajun", "SCVC SAILING", "Ruijiang Vehicles", "Lingyu Vehicles" and "Liangshan Dongyue" etc.

Boiler, Tank, and Shipping Container Global Market Report 2021-2025 & 2030 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, July 6, 2021

The "Boiler, Tank, and Shipping Container Global Market Report 2021: COVID-19 Impact and Recovery to 2030" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Boiler, Tank, and Shipping Container Global Market Report 2021: COVID-19 Impact and Recovery to 2030" report has been added to ResearchAndMarkets.com's offering.
  • The global boiler, tank, and shipping container market is expected to grow from $182.
  • Western Europe was the largest region in the global boiler, tank, and shipping container market, accounting for 31% of the market in 2020.
  • Asia Pacific was the second largest region accounting for 30% of the global boiler, tank, and shipping container market.

CIMC Vehicles receives registration approval for the IPO on the ChiNext Board

Retrieved on: 
Wednesday, May 19, 2021

b'HONG KONG, May 19, 2021 - (ACN Newswire) - The China Securities Regulatory Commission announced the approval for the registration and listing of CIMC Vehicles (Group) Co. Ltd (("CIMC Vehicles") or the "Group", stock code: 1839.HK) on the ChiNext Board.

Key Points: 
  • b'HONG KONG, May 19, 2021 - (ACN Newswire) - The China Securities Regulatory Commission announced the approval for the registration and listing of CIMC Vehicles (Group) Co. Ltd (("CIMC Vehicles") or the "Group", stock code: 1839.HK) on the ChiNext Board.
  • CIMC Vehicles is a global leader in semi-trailer and specialty-vehicles sophisticated manufacturing.
  • At the same time, CIMC Vehicles developed strategic cooperation with important OEMs such as SAIC Iveco Hongyan and Shanxi Automobile.
  • This helped promote in-depth binding with key customers and achieved satisfactory results.\nIn 2020, CIMC Vehicle\'s revenue generated from the truck bodies business for specialty vehicles reached RMB10.16 billion, representing a year-on-year increase of 37.8%.

Genco Shipping & Trading Limited to Acquire Two Modern, Fuel-Efficient Ultramax Vessels

Retrieved on: 
Wednesday, May 19, 2021

b'NEW YORK, May 19, 2021 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) (\xe2\x80\x9cGenco\xe2\x80\x9d) today announced that it has entered into agreements to acquire two 2022-built 61,000 dwt Ultramax vessels to be constructed at Dalian Cosco KHI Ship Engineering Co. Ltd. (DACKS).

Key Points: 
  • b'NEW YORK, May 19, 2021 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) (\xe2\x80\x9cGenco\xe2\x80\x9d) today announced that it has entered into agreements to acquire two 2022-built 61,000 dwt Ultramax vessels to be constructed at Dalian Cosco KHI Ship Engineering Co. Ltd. (DACKS).
  • The vessels are expected to be delivered to Genco in January 2022.\nThe purchases mark the fifth and sixth high specification, fuel-efficient Ultramax vessels that Genco has agreed to acquire since December 2020, doubling its core Ultramax presence over that time.
  • Capesize vessels represent our major bulk vessel category and the other vessel classes, including Ultramax and Supramax vessels, represent our minor bulk vessel category.
  • We do not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.\n'

Worldwide Shipping Containers Industry to 2030 - Featuring Hoover Container Solutions, CXIC Group and Shanghai Universal Logistics Equipment Among Others

Retrieved on: 
Thursday, April 8, 2021

It compares the shipping containers market with other segments of the shipping containers market by size and growth, historic and forecast.

Key Points: 
  • It compares the shipping containers market with other segments of the shipping containers market by size and growth, historic and forecast.
  • Major players in the market are Hoover Container Solutions, CXIC Group, Shanghai Universal Logistics Equipment, Maersk Container Industry, Charleston Marine Containers, Hoover Container Solutions, CIMC, Sea Box, TLS Offshore Containers International Pvt Ltd, and China International Marine Containers Co. Ltd.
  • The high costs associated with shipping containers is expected to restrain the growth of the shipping container market.
  • Singamas Container Holdings Ltd. is a China-based shipping container manufacturer that produces dry freight containers, foldable flat rack containers, tank containers, offshore containers, other comprehensive containers, and container parts.

CIMC posts record-high revenue and profit in 2020 despite the coronavirus impact

Retrieved on: 
Thursday, April 1, 2021

Net profit attributable to shareholders of the parent company surged 246.88 percent on a yearly basis to 5.35 billion yuan.

Key Points: 
  • Net profit attributable to shareholders of the parent company surged 246.88 percent on a yearly basis to 5.35 billion yuan.
  • Despite the impact from the COVID-19 pandemic in 2020, CIMC managed to retain its leading market position in the industry by adopting a series of risk management measures and optimizing strategic planning.
  • Containers business generated 22.16 billion yuan in operating revenue last year, increasing 9.92 percent from a year earlier, while net profit reached approximately 1.99 billion yuan.
  • Operating revenue of vehicles business hit historical high of 26.5 billion yuan in 2020, growing 13.56 percent year-on-year.

CIMC Vehicles announces 2020 Annual Results

Retrieved on: 
Thursday, March 25, 2021

HONG KONG, Mar 25, 2021 - (ACN Newswire) - The world's leading high-end manufacturer of semi-trailers and specialty vehicles, CIMC Vehicles (Group) Co., Ltd. ("CIMC Vehicles") or the "Group", stock code: 1839.HK) is delighted to announce its annual results for the year ended 31 December 2020.

Key Points: 
  • HONG KONG, Mar 25, 2021 - (ACN Newswire) - The world's leading high-end manufacturer of semi-trailers and specialty vehicles, CIMC Vehicles (Group) Co., Ltd. ("CIMC Vehicles") or the "Group", stock code: 1839.HK) is delighted to announce its annual results for the year ended 31 December 2020.
  • Revenue from truck bodies for specialty vehicles in China reached RMB10.16 billion, representing a 37.8% increase YoY .
  • The Group established strategic partnerships with major domestic heavy truck enterprises to jointly develop and market truck bodies for specialty vehicles.
  • About CIMC Vehicles (Group) Co., Ltd
    CIMC Vehicles (Group) Co., Ltd. ("CIMC Vechicles", Stock code: 1839.HK) is the world's No.1 semi-trailer manufacturer in terms of production volume according to the Global Trailer.