Independent journal on economy and transport policy
12:01 GMT+1
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COSCO Shipping lowers will enter in the crocieristico field
The next month they will be under way cruises in the South China Sea
June 21, 2016
The next month the shipowning group Lowers COSCO Shipping corporation (COSCOCS), been born 18th February from the fusion of groups COSCO and Lowers Shipping ( on 18 February 2016), it will make own income in the crocieristico field realizing a first cruise with departure from the port of Sanya to the Island of Yongle, that it takes part of the archipelago of the paracel islands, in the Chinese province of Hainan. It has announced today prints Chinese specifying that the start of the crocieristica activity is announced by the COSCOCS president, Xu Lirong, in occasion of the Boao event Forum for Entrepreneurs that has held this weekend to Boao, in the province of Hainan.
Lirong has specified that last April COSCOCS has signed a contract with the Chinese tourist group Lowers National Travel Service (HK) Group Corporation (CTS) and with Lowers Communications Construction Co. (CCCC), specialized Chinese group in the transport infrastructure construction, with the scope to constitute a crocieristica company that operates in the South China Sea let alone in order to collaborate in other segments of activity of mutual interest which the multimodale transport, the logistics, the construction of cruise ships and ports.
The new crocieristica activity will be managed by the COSCO Shipping Ferry Co., branch of group COSCOCS with center to Dalian, and the objective is to widen the range of the new crocieristica company to other areas of China until to succeed in to inaugurate international cruises.
The new activity of group COSCOCS will be live competition with that of the Hainan Strait Shipping Co., company constituted at the end of 2002 and controlled from the Holding Hainan Harbor & Shipping Co. that work services ferry in the South China Sea and a crocieristico service between Sanya and the paracel islands.
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