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Cosco Shipping Specialized Carriers jv launches Shanghai - Middle East serviceCosco Shipping Specialized Carriers jv launches Shanghai - Middle East service

Guangzhou Yuanhai Car Carrier, an automobile logistics service provider established by Cosco Shipping Specialized Carriers, SIPG Logistics and Anji Logistics, has opened up automobile service for Shanghai - Middle East.

Katherine Si, China Correspondent

November 30, 2022

1 Min Read
Cosco car carrier
Photo: Cosco Specialized Carriers

Based on automobile exporters’ demands, we have adjusted our automobile service and moved three 5,000 unit of equivalent car carriers from South America to the Middle East region, said Zhu Guihua, General Manager of Yuanhai, we are collaborating with our stakeholder Cosco Shipping to provide an integrated logistics supply chain service for automobile transportation, Zhu added.

Yuanhai has already initiated its car carrier fleet expansion project and will add fifteen large-size dual-fuel car carriers into its fleet starting from the second half of 2024. The new capacity will be used for enlarging service network to more overseas countries and regions. 

In 2021, sales volume of China-made cars to Middle East regions was 2 million vehicles, a substantial growth of 101.1% year-on year. The whole year export volume of vehicles is expected to reach 3 million in 2022.

 

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About the Author

Katherine Si

China Correspondent

China-based Katherine Si has worked in the maritime industry since 2008 is well-connected with local industry players including Chinese owners and yards.

Having majored in English Katherine started at news portal ShippingChina.com where she rose to become a News Editor. In 2008 she moved to work with Seatrade and has since held numerous positions including China correspondent for Seatrade Maritime Review magazine.

With extensive experience in writing, research and social media promotion, Katherine focuses on the shipping and transport sectors.

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