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Cosco Shipping Lines joins hands with Bolloré Transport & Logistics

China’s top container carrier Cosco Shipping Lines signed a strategic Memorandum of Understanding with Africa-based Bolloré Transport & Logistics to develop new opportunities in transport, logistics and port infrastructure.

The two companies have agreed to explore the possibilities of collaboration to develop their respective activities and improve the satisfaction of their customers, particularly in terms of digitalization.

"The new agreement has significant meaning to both of the two companies to further develop global business,” said Wang Haimin, managing director of Cosco Shipping Lines. The two companies have collaborated over the past 20 years in different sectors.

Read more: Bollore, PowerChina consortium preferred bidder for Nigeria's Ibom port project

Cosco Shipping Lines has a fleet of 376 container vessels, with a total capacity of 2.1m teu as the end of 2018, ranking the 4th place globally.

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