Cosco and CSCL move closer

News-in-print

The two leading Chinese shipping groups China Ocean Shipping Company (Cosco) and China Shipping Container lines (CSCL) have signed a “strategic cooperation framework agreement.” This “will establish an extensive strategic partnership and a resource sharing mechanism in the field of shipping, terminal operation, logistics services, shipbuilding, ship repair and maintenance and related activities,” the companies said in a joint statement.

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