In the presence of Messrs. Wang Haimin and Cyrille Bolloré, COSCO SHIPPING Lines and Bolloré Transport & Logistics and signed a strategic memorandum of understanding on January 29, 2019 in Shanghai. Partners for more than 20 years, the two companies want to densify their commercial relations while exploring new opportunities for cooperation in transport, logistics and joint investments.
Through this agreement, the two companies agreed in particular to explore the possibilities of commercial and operational collaboration to develop their respective activities and meet the needs of their customers, particularly in terms of digitalization. Bolloré Transport & Logistics and COSCO SHIPPING Lines share the common ambition to intensify international flows, particularly on the African continent, where Bolloré Transport & Logistics has recognized expertise, an important network of maritime agencies and a unique control of interior corridors. .
“This new agreement signed with COSCO SHIPPING Lines is the result of our common desire to develop synergies between our businesses. It also illustrates our ambition to continue developing our international network by promoting cooperation with strategic partners, recognized for their excellence and performance engine. Said Cyrille Bolloré, Chairman and CEO of Bolloré Transport & Logistics.
“We thank Bolloré Transport & Logistics for the support they have given us over the last 20 years. This new agreement has a significant significance for both companies and will allow us to continue the future development of our business. Said Wang Haimin, General Manager of COSCO SHIPPING Lines.
About Bolloré Transport & Logistics
Bolloré Transport & Logistics is a major international transport and logistics operator with 36,700 employees in 106 countries and five continents. With its experience in Africa, Bolloré Transport & Logistics is today a major player in the port business, a specialist in international land and rail transport and an expert in tailor-made logistics solutions. It operates the first integrated logistics network on the continent and allows the import and export of goods even in the most isolated areas.
www.bollore-transport-logistics.com
About COSCO SHIPPING Lines
COSCO SHIPPING Lines, headquartered in Shanghai, is a company specializing in container transport and marine services in China and internationally. At the end of December 2018, the company had 376 container ships with a total capacity of 2.1 million TEUs.
ranking 4th in the world and first place in Asia. COSCO SHIPPING Lines operates 362 national and international shipping lines covering 228 services worldwide (including maritime cabotage services), 47 national services and 87 river transport services across the Yangtze River and the Pearl River , serving 329 ports in 100 countries and regions around the world.
