Cosco and CSCL in large-scale collaboration
Container carriers Cosco and China Shipping (CSCL) are joining forces to establish what could become the world's fourth-largest container carrier.
BY JØRGEN RUDBECK
Last week the parties in Cosco Group and China Shipping Group (CSCL) signed a collaborative agreement aimed at ensuring a larger degree of security for the two carriers - currently ranked as the world's 6th and 10th largest container carrier, respectively - in the still highly volatile container market, according to Alphaliner.
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