Shipbuilder CSSC Builds Base for “National Defense” Sonar Testing

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Location on Hainan Island is well-suited to South China Sea deployments. China State Shipbuilding Corporation (CSSC) is known in the West as the world’s largest commercial shipbuilder, but it is also the world’s largest naval shipbuilder by a wide margin, providing new destroyers and corvettes for the swiftly-growing People’s Liberation Army – Navy (PLAN). Among…

COSCO’s Investment in Hamburg Terminal Finalized

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COSCO Shipping Ports Limited and Hamburger Hafen und Logistik completed the terms of the investment to be made by the Chinese company into one of Hamburg’s largest container terminals. The deal first announced in September 2021 has been long delayed while Germany’s government debated the level of investment with political complaints that the Chinese would…