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2012 October 12   16:46

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.

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