Cosco, the world’s third’s largest containerline, continues to extend its global reach. The Chinese giant will enter the North Europe – Canada trade next month, co-loading on a weekly service operated jointly by MSC, Hapag-Lloyd and Cosco subsidiary, OOCL. The service, which turns in four weeks, uses four ships ranging in size from 2,800 to 4,800 teu.
Alphaliner notes in its most recent report that trade between Canada and Europe is booming at present on the back of new trade deal, with throughput at the port of Montreal climbing 8% year-on-year in the first two months of 2019.
