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New initiative aims to strengthen collaboration within the industry

COSCO, China’s state-run shipping conglomerate has debuted a cross-industry treaty during the World Shipping Summit in Shanghai with the aim to strengthen collaboration among actors from different sectors within the industry. The first batch of companies to join the initiative are Cosco Shipping, Maersk, Evergreen, CMA CGM, Yang Ming, Seaspan, Zeebrugge Port, Shandong Port Group, China Grain Reserves, BIMCO, Chalco Logistics, Kawasaki Heavy Industries, China Mobile and China FAW.

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