• 2023 December 10 10:57

    COSCO Shipping issues 100.000th electronic Bill of Lading

    The milestone blockchain-based electronic bill of lading was issued to a cross-border e-commerce customer in Shenzhen by COSCO SHIPPING Lines on 24th November

    On November 24, the 100,000th blockchain-based electronic bill of lading from COSCO SHIPPING was issued to a cross-border e-commerce customer in Shenzhen by COSCO SHIPPING Lines, the Group said in its news release.

    Since the beginning of this year, COSCO SHIPPING has provided secure and efficient blockchain-based electronic bill of lading services to over 7,500 customers. These customers include bulk transportation and oil transportation customers with large volumes, as well as those requiring diverse transportation services, and small, medium, and micro customers from various industries.

    COSCO SHIPPING connects upstream and downstream partners through the Global Shipping Business Network (GSBN) platform, establishing an efficient and trustworthy digital ecosystem. The company works closely with ecological partners, integrates industry boundaries using data, and builds a new digital trade ecology based on mutual trust, making trade easier through digital empowerment.

    DT Gold Award for GSBN at 2nd Global Digital Trade Expo

    Additionally, at the recently concluded 2nd Global Digital Trade Expo, GSBN won the Digital Trade Gold Award (DT Award) for its business innovation of blockchain-based electronic bill of lading.

    At the 1st China International Import Expo (CIIE) in 2018, COSCO SHIPPING Lines was one of the initiators and led the establishment of GSBN, aiming to combat industry fragmentation and create value for all participants through extensive connections.

    As of October 2023, nearly 30 companies, including airlines, ports, third-party issuers, finance, and insurance, have officially joined GSBN. Based on GSBN, COSCO SHIPPING has launched a blockchain-based paperless cargo release product, deployed in major domestic hub ports, and promoted to a number of overseas countries, significantly reducing import cargo release time from 1-2 days to less than 4 hours.

    State-owned enterprise China COSCO SHIPPING Corporation Limited (COSCO SHIPPING Group or the Group) is headquartered in Shanghai. It is the merged entity of China Ocean Shipping (Group) Company (COSCO) and China Shipping (Group) Company (China Shipping). As of Dec 31, 2022, the total fleet of COSCO SHIPPING comprises of 1394 vessels with a capacity of 113.82 million DWT, ranking No.1 in the world. Its container fleet capacity is 3.02 million TEU, ranking the third in the world. Its dry bulk fleet (437 vessels / 45.14 million DWT), tanker fleet (228 vessels / 29.18 million DWT) and general and specialized cargo fleet (175 vessels / 5.78 million DWT) are all topping the world’s list.




2024 July 26

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15:17 Hanwha Ocean picked as preferred bidder for S. Korean Navy's logistics support ship
14:55 Vietnam's port system able to handle world's largest ships
14:36 Castor Maritime announces the acquisition of its first Ultramax vessel
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13:30 Total Energies orders LNG bunkering vessels at Hudong Zhonghua
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12:47 Bangladesh 'jam-packed' with cargo as curfew and internet restrictions continue
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11:54 Two cruise ships were simultaneously bunkered with LNG at Port Canaveral
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2024 July 25

18:00 Western sanctions and Houthi attacks boost appeal of Russia’s Arctic Sea Route - Bloomberg
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15:51 Chevron’s Taro Ultra advanced 40 granted LNG Validation status by WinGD
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14:44 Cyan Renewables acquires Australian vessel operator MMA Offshore
14:23 Russia ships fuel to Bolivia as it increases Latin American sales - Reuters
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13:12 Bumi Armada, Navigator Gas and Bluestreak CO2 announce MoU with Uniper for joint study on export of CO2 emissions from proposed UK carbon capture plant
12:52 ABS releases industry first advisory on ammonia bunkering
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11:10 EMA and MPA shortlist two consortia to further study viability of ammonia for power generation and bunkering
10:40 AW Shipping inks contract with CSSC Jiangnan Shipyard for the construction of two 93,000 cubic meters very large ammonia carriers
10:09 Corvus Energy Blue Whale ESS awarded RINA Type Approval
09:48 Opulent Maritime selects ADP Clear to digitize its bunkering operations

2024 July 24

18:00 MSC invests in multimodal terminal adjacent to Paris via MEDLOG
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16:32 China’s shipbuilding output rises by 18.4% in H1 2024
16:04 The EU ETS to run the global tanker fleet more than €2bn by 2030
15:49 Typhoon Gaemi halts bunkering in Taiwanese ports
15:23 Container ship fleet expands by 11%, fastest growth in 15 years - BIMCO
14:55 MPC Container Ships takes delivery of final 5,500 TEU methanol-ready boxship from Korea
13:32 A methanol-powered cargo ship arrived in Estonia for the first time
13:13 Six feared dead and 14 rescued after fishing boat sinks off Falkland Islands
12:40 Wartsila to supply a hybrid-electric propulsion system for an 11,000 dwt Limestone Carrier
12:15 Rijeka Gateway adopts private 5G campus network
11:46 Valenciaport handled 2.7 million containers in H1 2024
11:24 Fincantieri signs order with Carnival Corporation for three mega-cruise ships
10:53 Energean takes FID for the Katlan development project in Israel
10:23 Australia announces three years’ worth offshore acreage for petroleum exploration and CCS
09:58 Valaris DS-17 to drill for the Raia project in Brazil

2024 July 23

18:00 Telemar to provide global safety support services to seven Ignazio Messina container vessels
17:27 KBR’s blue ammonia technology selected for Shell Blue Horizons project in Oman
17:16 The Federal Maritime Commission publishes final rule on unreasonable refusal to deal
16:42 Qatar Navigation and Qatar Steel sign a 5-year agreement to provide stevedore services
16:25 Spain detains cargo ship over fuel spill near Ceuta
15:23 The Indonesian company Pertamina adds Russian oil grades to its tender lists to buy September crude
14:58 Seatrium secures S$180 mln in repairs and upgrades projects
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11:25 ADNOC L&S joint venture awards $1.9bln contract to Chinese shipbuilder
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10:24 NYK Bulkship installs NYK Group’s first wind-assisted ship-propulsion units
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2024 July 22

18:06 Manzhouli railway port handles 2,327 China-Europe freight train trips in 1st half of 2024
17:36 NORDEN to acquire Norlat Shipping to further grow projects and parcelling activities
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15:56 Trafigura Group takes full ownership of High Heat Tankers
15:46 China delivers world’s first river-sea LNG bunker and transport vessel
14:51 Hartmann receives new LNG-powered LEG carrier
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