COSCO Shipping

Cosco Shipping Enhances Safety with Iridium GMDSS

Retrieved on: 
Tuesday, March 12, 2024
Iridium Communications, COSCO Shipping, IRDM, Transport, Arctic Ocean, SSAS, Roll-on/roll-off, Ship Security Alert System, Ship, Safety, Telecom, LRIT, Optimism, GMDSS, CSSC, Shipbuilding

Iridium GMDSS now provides unmatched support for Cosco Tengfei's mission with its truly global coverage, distress alert, safety voice, maritime safety information, and cost-effective implementation and operation.

Key Points: 
  • Iridium GMDSS now provides unmatched support for Cosco Tengfei's mission with its truly global coverage, distress alert, safety voice, maritime safety information, and cost-effective implementation and operation.
  • Mr. Xiaofeng Guo, Director of Telecom and Navigation Department at CSSC, expressed optimism about the deployment of Iridium GMDSS on the Cosco Tengfei, "I am glad to witness the moment of the first Iridium GMDSS system deployment on a CSSC vessel, the 'COSCO TENGFEI.'
  • Cosco Shipping is the world's largest shipping fleet, and CSSC understands the value proposition that Iridium GMDSS delivers."
  • Cosco Shipping's commitment to safety, supported by the deployment of Iridium GMDSS on the Cosco Tengfei, underscores their dedication to ensuring the well-being of their crew, vessels, and cargo in an ever-changing and challenging maritime environment.

Cosco Shipping Enhances Safety with Iridium GMDSS

Retrieved on: 
Tuesday, March 12, 2024
Iridium Communications, COSCO Shipping, IRDM, Transport, Arctic Ocean, SSAS, Roll-on/roll-off, Ship Security Alert System, Ship, Safety, Telecom, LRIT, Optimism, GMDSS, CSSC, Shipbuilding

Iridium GMDSS now provides unmatched support for Cosco Tengfei's mission with its truly global coverage, distress alert, safety voice, maritime safety information, and cost-effective implementation and operation.

Key Points: 
  • Iridium GMDSS now provides unmatched support for Cosco Tengfei's mission with its truly global coverage, distress alert, safety voice, maritime safety information, and cost-effective implementation and operation.
  • Mr. Xiaofeng Guo, Director of Telecom and Navigation Department at CSSC, expressed optimism about the deployment of Iridium GMDSS on the Cosco Tengfei, "I am glad to witness the moment of the first Iridium GMDSS system deployment on a CSSC vessel, the 'COSCO TENGFEI.'
  • Cosco Shipping is the world's largest shipping fleet, and CSSC understands the value proposition that Iridium GMDSS delivers."
  • Cosco Shipping's commitment to safety, supported by the deployment of Iridium GMDSS on the Cosco Tengfei, underscores their dedication to ensuring the well-being of their crew, vessels, and cargo in an ever-changing and challenging maritime environment.

Digitalization Empowering Foreign Trade Shipping - Nanhua Logistics, a COSCO Shipping Group Subsidiary, Partners with Bravowhale Technology to Spearhead the Online Implementation of ESG Compliance Standards

Retrieved on: 
Tuesday, February 27, 2024
RMB, Investment, Zhang Wei, COSCO, COSCO Shipping, ESG, Textile, Uncertainty, Statistics, Car, Warehouse

As the main artery for international freight transportation, maritime shipping shoulders nearly 90% of China's foreign trade transport volume.

Key Points: 
  • As the main artery for international freight transportation, maritime shipping shoulders nearly 90% of China's foreign trade transport volume.
  • Against this backdrop, aiming to assist foreign trade enterprises in tackling export ESG compliance challenges, Nanhua Logistics under COSCO Shipping partnered with Shanghai Bravowhale Information Technology Co., Ltd. (referred to as "Bravowhle Technology") on February 22nd.
  • By providing a streamlined pathway for ESG compliance processes, COSCO Shipping aims to offer standardized compliance services to Chinese foreign trade enterprises.
  • The collaboration with COSCO Shipping represents a significant step forward for Bravowhale Technology in expanding its online ESG compliance services.

The Perishable Goods Transportation Market to grow at a CAGR of 7.22% from 2021 to 2026 | Africa Express Line Ltd., Bay and Bay Transportation, C.H. Robinson Worldwide Inc., and more to emerge as key players- Technavio

Retrieved on: 
Friday, July 21, 2023
CMA CGM, Food, Failure, CMA, Poultry, Electronics, Report, Food safety, Download, Transport, Vegetable, MPS, Carbon, USD, DB Schenker, Government, Hapag-Lloyd, XPO, Inc., COSCO Shipping, Wincanton plc, Meat, Deutsche Post DHL Group, Geography, Warehouse, Retail, Marketing, Rail freight transport

Technavio report analyzes the market's competitive landscape and offers information on several market vendors including - AP Moller Maersk AS, Africa Express Line Ltd., Bay and Bay Transportation, C.H.

Key Points: 
  • Technavio report analyzes the market's competitive landscape and offers information on several market vendors including - AP Moller Maersk AS, Africa Express Line Ltd., Bay and Bay Transportation, C.H.
  • Major Trends- The adoption of eco-friendly vehicles is one of the major perishable goods transportation market trends that is contributing to the market growth.
  • Significant Challenges- Food safety issues are one of the significant factors hindering the perishable goods transportation market growth.
  • The dropshipping market is estimated to grow at a CAGR of 22.86% between 2022 and 2027.

Synchronous Generator Market worth $5.9 Billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, June 5, 2023
Maintenance, Kerosene, Natural gas, Software, Thorium, Uranium, ABB, INR, Wind, Nature, COSCO Shipping, WEG, Environment, MVA, Electric motor, Nizhal Thangal of Vadalivilai

Synchronous Generator Market by Prime Mover, Speed, Power rating, End User, and Region

Key Points: 
  • Synchronous Generator Market by Prime Mover, Speed, Power rating, End User, and Region
    Asia Pacific, North America, Europe, South America, and Middle East & Africa.
  • 2-5 MVA segment by power rating is expected to result in the segment occupying the least market share of the synchronous generator.
  • The Asia Pacific synchronous generator market, by country, has been segmented into the China, India, Japan, Australia, South Korea, and and Rest of Asia Pacific.
  • This, in turn, is expected to create significant opportunities for synchronous generator manufacturers to tap into this new market.

Synchronous Generator Market worth $5.9 Billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, June 5, 2023
Maintenance, Kerosene, Natural gas, Software, Thorium, Uranium, ABB, INR, Wind, Nature, COSCO Shipping, WEG, Environment, MVA, Electric motor, Nizhal Thangal of Vadalivilai

Synchronous Generator Market by Prime Mover, Speed, Power rating, End User, and Region

Key Points: 
  • Synchronous Generator Market by Prime Mover, Speed, Power rating, End User, and Region
    Asia Pacific, North America, Europe, South America, and Middle East & Africa.
  • 2-5 MVA segment by power rating is expected to result in the segment occupying the least market share of the synchronous generator.
  • The Asia Pacific synchronous generator market, by country, has been segmented into the China, India, Japan, Australia, South Korea, and and Rest of Asia Pacific.
  • This, in turn, is expected to create significant opportunities for synchronous generator manufacturers to tap into this new market.

Perishable Goods Transportation Market in the US to grow at a CAGR of 8% from 2022 to 2027, MPS to be a significant segment for the market growth - Technavio

Retrieved on: 
Monday, March 27, 2023
Failure, Food, CMA, Big data, Poultry, Criticism of the Food and Drug Administration, Pharmacy, AIT, Food safety, Internet, Seafood, Woman, Vegetable, Transport, Temperature, MPS, USD, Hygiene, DB Schenker, Humidity, Developed country, Investment, Risk, COSCO Shipping, Artificial intelligence, Growth, FDA, Meat, Deutsche Post DHL Group, Warehouse, Grocery store, Retail, COVID-19

Moller Maersk AS - The company offers perishable goods transportation services for pharmacies, fruits and vegetables, and fish and seafood.

Key Points: 
  • Moller Maersk AS - The company offers perishable goods transportation services for pharmacies, fruits and vegetables, and fish and seafood.
  • Bay and Bay Transportation - The company offers perishable goods transportation services such as refrigerated transportation.
  • The technological advancements in freight management are the major factors that will have a positive impact on the perishable goods sea transportation market growth.
  • The adoption of eco-friendly vehicles is one of the key perishable goods transportation market trends that is contributing to the market growth.

IQAX expands eBL solution to cover bulk cargo

Retrieved on: 
Thursday, February 16, 2023
EBL, COSCO Shipping, Ship, Business network, Baltic and International Maritime Council, COSCO, BIMCO, Cryptocurrency

HONG KONG, Feb. 16, 2023 /PRNewswire/ -- IQAX Limited's electronic bills of lading solution is now being used on both bulk cargo and container shipments and has access to the widely used Baltic and International Maritime Council (BIMCO) format, significantly expanding its applicability and ability to drive digitization in global shipping, logistics, and trade. 

Key Points: 
  • COSCO Shipping Specialized Carriers issues bulk cargo eBLs using the innovative IQAX eBL electronic bills of lading solution.
  • Its IQAX eBL solution facilitates the issuance and management of electronic bills of lading (eBL).
  • Further expanding the reach of its electronic bills of lading solution, IQAX joined BIMCO as an associate member.
  • "Utilizing the innovative IQAX eBL solution, we successfully issued electronic bills of lading based on blockchain technology, something that many customers were quick to recognize.

CTG DUTY-FREE HK Public Offering Has Been Fully Applied with High Multiple Order Coverage From International Placing

Retrieved on: 
Thursday, August 18, 2022
Travel, Industry, Leadership, Board, Marketing, General manager, COVID-19, Company, Acquisition, Site, Foot, COSCO Shipping, Hong Kong Stock Exchange, Certified General Accountants Association of Canada, CTG, Cornerstone, Property management, Airline, Limited

CTG DUTY-FREE recently held its H-share global offering press conference in Beijing to officially launch its global offering on the Hong Kong Stock Exchange.

Key Points: 
  • CTG DUTY-FREE recently held its H-share global offering press conference in Beijing to officially launch its global offering on the Hong Kong Stock Exchange.
  • The offer price range is HK$143.5 to HK$165.5 per H Share, and the offering starts on August 15, 2022.
  • It is said that the Hong Kong Public Offering has been fully applied, and the reactions from both retail investors and margin are positive.
  • The information said a high multiple order coverage was achieved within two days.

China's Digitized Container Duckbill Speeds Up, Faster and Smarter

Retrieved on: 
Friday, July 22, 2022
BOOM, SAIC, COSCO Shipping, Algorithm, Carbon, TEU, General Administration of Sport of China, VUCA, Omicron, Maersk, Trust, Gaps, China Merchants Group, Industry, Lead, Revolution, HK, Ali Baba, Research, Social responsibility, Future Group, USD, COVID-19, Multimedia, Temasek, Didi, CNY, CAGR, Ministry, General Administration of Customs, Technology, Transport, Efficiency, SIPG, Ministry of Transport (Malaysia), Growth, GAC, Cryptocurrency, Warehouse, Intermodal freight transport, Rail transport, Midea, Duckbill, Sinotrans Limited

BEIJING, July 22, 2022 /PRNewswire/ -- Chinese digital container logistic platform Duckbill announced today the completion of a Series C financing round valued at CNY 330 million (around USD 48.85 million). This round was led by the SAIC-CICC private equity fund. Existing shareholders including Shunwei Capital, Future Capital and Furong Capital continued to pump money into this deal.

Key Points: 
  • Within this frame of reference, Duckbill is the most promising drayage servicer in China.
  • The company has long specialized in the international freight container business a more complex but lucrative niche market and redefined it via its state-of-the-art algorithm-empowered software and management system.
  • There is no doubt that Duckbill, a latecomer to the industry, has made tremendous strides in its first five-year journey.
  • In addition to its ongoing digital enhancements to optimize customer experience, Duckbill also values its freight drivers truly.