• Wed
  • Aug 27, 2014
  • Updated: 6:25pm

China Shipping Container Lines

China Shipping Container Lines Co Ltd (HK stock code 2866) owns, charters and operates container vessels for international and domestic transport services, and also operates container terminals.

China Shipping plans US dollar bond amid low rates

China Shipping Group, the mainland's second-biggest shipping company by assets, is considering selling bonds denominated in US dollars for the first time as borrowing costs in Asia drop to a more than one-month low.

Thursday, 16 January, 2014, 2:36am

Increased freight rates start year on high note for container shipping lines

Container shipping firms are hoping for a better year as freight rates rebound in the lead-up to the Lunar New Year holiday and the nagging problem of overcapacity eases during the year.

8 Jan 2014 - 2:18am

Singapore's PSA wins tender to buy stake in major Jiangsu port

Singapore's PSA International yesterday added another mainland container port to its portfolio after winning a tender floated by China Shipping Container Lines for its stake in a major port in Jiangsu.

6 Nov 2013 - 4:54am

China Shipping orders five 18,000 teu monsters

China Shipping, the mainland's second-biggest shipping group, is set to splash out US$2.2 billion on a fleet of gas carriers and ultra-large container ships capable of carrying 18,000 20-foot containers.

1 May 2013 - 5:04am

CSCL unit buys 24pc stake in terminal in Belgium

China Shipping Terminal Development will make its first terminal investment in Europe after agreeing to buy a 24 per cent stake in APM Terminals Zeebrugge in Belgium.

The move came six months after the firm, which is wholly owned by China Shipping Container Lines, expressed interest in taking a stake in the Zeebrugge facility, one of three terminals at the Belgian port.

15 Mar 2013 - 4:38am

Cosco still in red but two others shine

Three of China's largest shipping companies posted mixed third-quarter results yesterday with China Cosco Holdings remaining in the red, while two subsidiaries of rival China Shipping staunched the red ink of earlier quarters to report net profits.

31 Oct 2012 - 4:12am

Business Digest, October 13, 2012

Lehman Europe plans creditor payout

The European arm of Lehman Brothers is planning a November payout to unsecured creditors, its first since the US investment bank's collapse four years ago, after attempts to return cash were slowed by legal disputes and snowballing claims. Reuters  

Shipping lines join forces, stocks jump

13 Oct 2012 - 5:19am

Shipping firms take beating on HKEx

Shipping stocks nosedived yesterday amid renewed investor concern about the state of the shipping market, fuelled by doubts about the recovery in Europe.

Jon Windham, the Asian maritime analyst at Barclays in Hong Kong, said it was a 'pretty ugly day across the board'.

10 May 2012 - 12:00am

CSCL set to post huge loss for 2011

China Shipping Container Lines, the mainland's second-largest container carrier, is set to post a massive loss of up to 2.5 billion yuan (HK$3.08 billion) for last year due to the downturn in consumer demand in western economies and slower mainland growth.

19 Jan 2012 - 12:00am

Lawsuits filed in US against HNA firms

HNA, the maritime, aviation and property group, and several of its shipping offshoots are facing a fresh round of legal disputes in the US from rival companies over its vessels.

11 Jan 2012 - 12:00am

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