Coscon, China Shipping Container Lines join forces
Coscon and China Shipping Container Lines (CSCL), China's two big state-owned shipping companies, are joining hands to operate domestic routes from mid-October, Seatrade Asia online reports.
“This move is just the start of an intensive cooperation in domestic container shipping between CSCL and Cosco,” CSCL said in a statement.
The cooperative route will cover north and north-east China to Fujian and Shantou in southern Guangdong.
The two companies together have around 80% share of the domestic market.
