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Cosco Shipping controls 5 2% of global cargo capacity

Cosco Shipping Group, claims to carry one-tenth of the world’s cargo and operates over 5% of the world’s fleet by deadweight.

Intelligent shipping to power nation

Intelligent shipping to power nation By WANG YING in Shanghai | China Daily | Updated: 2020-12-12 10:35 Share CLOSE China COSCO Shipping s Zhongyuantaicang container ship, with a tonnage exceeding 10,000 tons, docks at the Beibu Gulf Port in Qinzhou, Guangxi Zhuang autonomous region. [Photo provided to China Daily] Intelligent shipping will transform China from a large shipping country into a maritime power, thanks to the ongoing digitalization and new infrastructure efforts, experts said. New infrastructure development will strengthen the shipping industry by increasing communication efficiency and lowering the labor and management costs, Xu Zuyuan, former vice-minister of transport, said in his address to the Intelligent Shipping & New Infrastructure Conference in Shanghai s Lingang Special Area, the newly included part of the China (Shanghai) Pilot Free Trade Zone.

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