Cosco enters Europe – Canada trades

Cosco enters Europe – Canada trades

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.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

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