Singapore-headquartered Ocean Network Express (ONE) and Cosco Shipping Lines, OOCL and Yang Ming will launch a new weekly Transatlantic service, East Mediterranean – America Service (EMA).
The US has lifted sanctions on one of two units of Cosco Shipping, partially lifting trade restrictions for the Chinese shipping giant and further driving tanker rates down.
Cosco Shipping Logistics has signed a strategic cooperation agreement with Shandong Hi-Speed Group to develop port logistic and Europe-Asia freight service.