In the presence of Messrs Wang Haimin and Cyrille Bolloré, COSCO SHIPPING Lines and Bolloré Transport & Logistics have signed on January 29, 2019 a strategic Memorandum of Understanding in Shanghai. The two companies, partners for over 20 years, want to densify their commercial relations while exploring new opportunities for cooperation in transport, logistics and port infrastructure.
Through this agreement, the two companies have agreed to explore the possibilities of commercial collaboration in order to develop their respective activities and satisfy 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 is known for its expertise and has a large network of maritime agencies and also a unique know-how in corridor management.
“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 the development of our international network by promoting cooperation with strategic partners, recognised for their excellence and performance.” said Cyrille Bolloré, CEO of Bolloré Transport & Logistics.
“Thanks for the support of our old friend in the past 20 years. The new agreement has significant meaning to both of the two companies to further develop global business.” said Wang Haimin, Managing Director 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. Based on its experience in Africa, Bolloré Transport & Logistics is today a major player in the port activity, a specialist in international land and rail transport and an expert in customized logistics solutions. It operates the first integrated logistics network on the continent making it possible to import and export goods even in the most isolated areas.
www.bollore-transport-logistics.com
About COSCO SHIPPING Lines
COSCO SHIPPING Lines, headquartered in Shanghai, is an enterprise specially engaged in international and domestic container shipping and related services. By the end of December 2018, the company has a total of 376 container vessels, with a total capacity of 2.1 million TEUs, ranking the 4th place in the world, and the 1st place in the Asia. COSCO SHIPPING Lines operates 362 international and domestic shipping routes, consisting of 228 international services (including international feeder services), 47 domestic services, 87 Yangtze River and Pearl River shipping services, covering 329 ports in 100 countries and regions worldwide.
http://lines.coscoshipping.com
