Latest Cosco News & Updates

New Delhi, June 22 (IANS) China’s increasing investments in Spain’s port infrastructure has triggered serious concerns in the European Union as well as among security analysts, who warn that such projects near sensitive military facilities could eventually carry strategic, intelligence or security implications, according to a report in Directus, a Greek news portal.The debate has intensified as Beijing steps up investments in Spanish logistics hubs and industrial projects such as a planned f…

New Delhi, March 27 (IANS) Iran’s plan to establish a safe corridor in the Strait of Hormuz has been met with reluctance from China, even as the country along with “Asia’s major economies facing serious issues amid disruptions in shipping traffic,” a new report has said.The report from Turkey-based Anadolu Agency said Chinese vessels largely avoided the safe corridor provided by Tehran for 10 days.Tehran announced on March 13 that it would monitor ship movements in a corridor between the Lar…