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Day: March 18, 2010

Huge cranes sneak beneath Bay Bridge

Three giant cranes from China sailed under the Bay Bridge on Tuesday morning on their way to the Port of Oakland, barely clearing the bottom of the span. The cranes, bought by international shipper Evergreen Marine Corp., weigh...

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COSCO Shipping readies war chest

While announcing its annual results today COSCO Shipping revealed it has set aside up to 3.9bn yuan to buy 18 new multi-purpose and heavylift ships. The firm, COSCO’s specialist and heavylift subsidiary based in Guangzhou,...

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