Five Major Shipping Lines Have Over 30 Vessels Trapped in the Strait of Hormuz

According to data from Sea Explorer, as of April 28, 2026, the world's top five container liner companies had deployed a combined total of 34 vessels within the Persian Gulf region, reflecting a high concentration of capacity by major carriers in the area

COSCO SHIPPING Holdings Achieves RMB 5.877 Billion in Net Profit Attributable to Parent Company in Q1 2026

​In April 2026, COSCO SHIPPING Holdings released its first-quarter report for 2026.

VLCC Idle Rate Climbs to 55%! Tanker Owners Grapple with Scarcity of Physical Cargoes

Recent data reveals a sharp increase in the number of idle crude oil tankers globally.

COSCO SHIPPING Energy: Acquires 100% Equity of Dalian Investment; Q1 Net Profit Soars by 206.7%

On April 27, Cosco Shipping Energy released several announcements.

China's largest domestically built LNG carrier delivered

According to a report by China Central Television (CCTV), at 10:50 a.m. on April 26, the "Georgetown," the country’s first domestically designed and built 180,000‑cubic‑meter liquefied natural gas (LNG) carrier, was delivered at the China Merchants Heavy

Cosco Shipping Specialized Carriers Officially Inaugurates Argentina Representative Office

On April 21, the Argentina Representative Office of Cosco Shipping Specialized Carriers (South America) was officially inaugurated in Buenos Aires.

ZIM CFO Announces Resignation Amid Leadership Shake-Up

According to a recent disclosure on ZIM's official website, Chief Financial Officer Xavier Destriau has informed the company's board of directors of his decision to resign.