Shortage of containers as peak season for Chinese imports gets underway.

Acquisition of majority shares in ATEC to enhance its freight-forwarding business.

Some 42 public equity transactions have been made for the year-to-date, according to report.

Fixes newbuild box ship to K-Line for 10 years.

Fixes the newbuild on a six-year, fixed-rate time charter.

COSCO Philippines is the third of a series of eight vessels on order at a Korean yard.

The HK-based shipowner also warns of risks relating to 40 of its vessels chartered to Chinese customers.

Posts net profit in 2009; revenues up 24.5% on the back of an increase in operating days.

Fixes newbuilds to K-Line and Coscon.

Intends to acquire vessels by the end of March 2011.