Cosco Shipping Supply Chain is setting up joint venture with Chinese digital payment service provider, Lianlian Digital Technology, and Hangzhou P&T Logistics Technology, to promote cross-border digital logistics services.
Cosco Shipping has opened up a new sea & air logistics centre in Guangzhou to further improve its modern logistics service ability.
Chinese shipping giant Cosco Shipping has launched operations of new container berth at Shihu port area in Quanzhou port, Fujian province.
Cosco Shipping Holdings announced a massive newbuild order for 12 methanol-fuelled, 24,000 teu containerships from Dalian Cosco KHI Shipping Engineering and Nantong KHI Shipping Engineering.
Cosco Shipping Logistics, global supply chain and infrastructure investment company GLP (Shanghai) and the Chinese retailer Zhejiang China Commodities City Group will establish joint venture to develop digital cross-border logistics services.
Cosco Shipping Lines is reducing extra costs for cargo affected by current Ukraine situation for the entire supply chain.
China’s largest shipping corporation, Cosco Shipping Group, claims to carry one-tenth of the world’s cargo and operates over 5% of the world’s fleet by deadweight.
Cosco Shipping is upping its logistics presence taking a stake in service provider Shunfeng.