Chen Shuai appointed as Chairman of COSCO Shipping Specialized

On the evening of July 21, COSCO Shipping Specialized Carriers Co., Ltd. (hereinafter referred to as "COSCO Shipping Specialized") issued the "Announcement on the Resolutions of the 10th Meeting of the 9th Board of Directors."** The announcement stated that, based on the written recommendation from its indirect controlling shareholder, China COSCO Shipping Group Co., Ltd., the Board of Directors agreed to elect Director Chen Shuai as the Chairman of the 9th Board of Directors of the Company.

COSCO SHIPPING Holdings Deputy GM Qian Ming Steps Down

On July 23, COSCO SHIPPING Holdings Co., Ltd. (hereinafter referred to as "COSCO SHIPPING Holdings") issued an announcement stating that the Company's Board of Directors had received a resignation letter from Mr. Qian Ming. Due to a change in work assignment, Mr. Qian voluntarily resigned from his positions as Deputy General Manager and General Counsel of the Company.

Rejecting Low-Price Competition and Jointly Solving Overseas Expansion Challenges: Changjiu Logistics Charts a Course for Transformation and Breakthrough

Recently, the "2026 Automotive Whole Vehicle Logistics Development Conference" hosted by the China Federation of Logistics & Purchasing was successfully concluded in Jinan, Shandong.

Global First! Remote-Signing Delivery

On July 21, CSSC Guangzhou Shipbuilding International (GSI), in collaboration with CSSC Shipping, successfully delivered the 10,800-car LNG dual-fuel car carrier No. 1 to Korea Ocean Business Corporation (KOBC) via an online remote signing ceremony. The virtual delivery method is a clear testament to KOBC's long-standing trust in China's shipbuilding capabilities and its recognition of GSI's construction quality.

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.

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.

Europe's "Frenzied Rush" for Chinese Air Conditioners: What Does It Mean for Container Shipping?

During the summer of 2026, a combination of El Niño and global warming has brought extreme temperatures exceeding 40°C to multiple European cities, driving increasingly urgent demand for cooling equipment across the continent.

Haitong Development Delivers Stellar First-Half Results with Net Profit Surging 502%

​Haitong Development released its 2026 semi-annual report on July 20.

Hapag-Lloyd Sues NYK and Two Other Companies, Seeking $2.2 Million in Damages

Hapag-Lloyd Sues NYK and Two Other Companies, Seeking $2.2 Million in Damages