A memorandum of understanding (MOU) was signed between Pacific International Lines (PIL) Group and China Guangzhou Nansha Development Zone.
This MOU facilitates to increase trade cooperation, deepen business ties, and explore possible future business opportunities and development of a shipping/logistics base in the Nansha New Area.
The Nansha New Area is one of three development zones that comes together to form the China (Guangdong) Pilot Free-Trade Zone.
Mr Zhang Benhua, Director General, Guangzhou Nansha Development Zone – Port Affairs Office, Mr Wang Yong, Deputy District Mayor, Government of Nansha District – Guangzhou, Mr Nandan Warrier PIL Representative, East Africa Regional Office (EARO) and Mr Sivakumar, Assistant General Manager, PIL Kenya Ltd were in attendance of the signing.
Furthermore, PIL announced the revamp of China Transpacific trade lines commencing on 3rd April 2017. There will be two new weekly services branded as ACS and AC5, operating in a joint cooperation under a new vessel sharing agreement. The two new weekly services will each cover Central and South China to USWC in 42 round voyage days with 12 vessels of 6,500 to 10,000 TEUs.
Source & Image credit: PIL
