COSCO SHIPPING LINES (COSCO)

COSCO expands presence with new branch office in Morocco

On 1 February 2024, COSCO SHIPPING Lines inaugurated its latest branch office in Casablanca, Morocco. The establishment of COSCO SHIPPING Lines (Morocco) SARL in the central hub of Casablanca underscores the growing significance of North Africa in European trade.

Furthermore, aligned with COSCO SHIPPING Europe’s overarching strategy, known as the “Big corridor and 3 networks,” which aims to connect Europe to global destinations through water and rail transportation, as well as a comprehensive...

https://container-news.com/cosco-expands-presence-with-new-branch-office-in-morocco/

COSCO partners with Bank of Communications for blockchain enabled solutions

COSCO Shipping Lines has joined forces with the Bank of Communications to launch the online transmission of the original order bill of lading in tripartite trade through the blockchain-enabled embed electronic bills of lading (eBL) solution.

The real-time transmission of electronic bills of lading and trade documents on the blockchain is realised among consignors, forwarders and consignees.

After receiving the electronic bill of lading, the consignees can directly initiate paperless bill exchange...

https://container-news.com/cosco-partners-with-bank-of-communications-for-blockchain-enabled-solutions/

Yangpu International Container Terminal exceeds 1 million TEU in 2021

On 14 November, COSCO-owned Yangpu International Container Terminal exceeded 1 million TEU since the start of the year for the first time after its opening in 2016, recording year-on-year growth of 39%.

This milestone has been related to the development of Yangpu International Container Hub Port, which has recently opened two groups of service routes for ship consolidation transportation at Lianyungang and Qinzhou ports through the joint effort of COSCO Shipping Lines and Hainan Harbor &...

https://container-news.com/yangpu-international-container-terminal-exceeds-1-million-teu-in-2021/

Cosco Shipping Lines upgrades its reefer fleet

Cosco Shipping Lines has enhanced its refrigerated cargo fleet with active controlled-atmosphere (CA) systems, named EverFresh, which are provided by Carrier Transicold.

The high-performing systems enable perishable shipments to travel further while retaining commodity quality as they allow the container to be pre-charged with carbon dioxide (CO2) at the start of a voyage.

“The next-gen EverFresh units will maintain the atmosphere at precise points to sustain produce quality and extend shelf-life...

https://container-news.com/cosco-shipping-lines-upgrades-its-reefer-fleet/

CargoSmart, COSCO, SIPG and Tesla launch blockchain pilot project

CargoSmart Limited has announced that it conducted a pilot project with COSCO Shipping Lines (COSCO), Shanghai International Port Group (SIPG), and Tesla, Inc. for a new application to transform the cargo release process.

CargoSmart says it is among the first pilot projects with an ocean carrier conducting a real-time exchange of shipment data with a terminal operator through blockchain. The pilot demonstrated the benefits of having a single, trusted source of truth in cargo documentation and...

https://container-news.com/cargosmart-cosco-sipg-and-tesla-launch-blockchain-pilot-project/

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