Independent journal on economy and transport policy
12:48 GMT+1
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Chineses COSCON and CSCL tighten an agreement of collaboration for national the marine routes
Initially they will start services that will connect northern China and north-oriental with Fujian and Shantou
October 12, 2012
A grip cooperation between the two main Chinese companies of navigation of the field of the container, previously almost insussistente if not in indirect form, it is started only at the end last year in order to coordinate at best the hold ability that the fleets of the two societies offer on the Asia-Europe route ( on 28 December 2011). Now COSCO Container Lines (COSCON) and Lowers Shipping Container Lines (CSCL) has signed a new agreement in order to operate marine services in China jointly.
Draft of the first collaboration between COSCON and CSCL on the national routes and will have seted off with services that will connect northern China and north-oriental with Fujian and Shantou, in order then to be intensified, second the intentions of the two companies.
Both the companies are under responsibility of shipowning groups of property of the Chinese government.
COSCON, through China COSCO Holdings Co. that of it stops the entire capital stock, takes part of the group Lowers Ocean Shipping (Group) Co. (COSCO) founded in 1961, while CSCL is affiliated to the group Lowers Shipping (Group) Co. that it is constituted in 1997.
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