COSCO OPENS NEW CONTAINER AGENCY COMPANY IN SHANGHAI

COSCO OPENS NEW CONTAINER AGENCY COMPANY IN SHANGHAI

   China Ocean Shipping Co. has opened a newly-established container shipping agency subsidiary in Shanghai.
   COSCO Shanghai Container Shipping Agency Co. Ltd. was established by COSCO Container Lines and COSCO Container Shipping Agency Co. Ltd.
   The new company will bring together agency tasks related to declarations, inspections, pilots, berthing, stevedoring, material supply and crew service when container vessels enter and leave the Shanghai port. COSCO said that the company will also provide other services, such as booking, customs clearance, application for various inspections, warehousing, transhipment, bill of lading issuing and freight payment and collection.