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China Cosco Shipping to set up Yangtze River headquarters in Wuhan
CHINA Cosco Shipping has signed a strategic agreement with Wuhan government for a series of shipping and logistics collaborations, including plans to set up its Yangtze River headquarters in Wuhan to develop river to ocean shipping routes, automobile shipping and intermodal logistics.
According to chairman of China Cosco Shipping, Xu Lirong, the company will use Wuhan's strategic location to develop a comprehensive logistics hub on the Yangtze River, which will facilitate a wider range of cooperation in the region.
Wuhan Port is a major port on Yangtze River, having completed a cargo throughput of 90 million tonnes in the year of 2016, according to Singapore's Splash 24/7.
According to chairman of China Cosco Shipping, Xu Lirong, the company will use Wuhan's strategic location to develop a comprehensive logistics hub on the Yangtze River, which will facilitate a wider range of cooperation in the region.
Wuhan Port is a major port on Yangtze River, having completed a cargo throughput of 90 million tonnes in the year of 2016, according to Singapore's Splash 24/7.
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