Cosco Shipping Technology, the shipping technology development unit of China Cosco Shipping, has introduced a new third party digital platform for domestic coastal bulk shipping.
The platform, named Chuan Huo Yi, will mainly offer market data and cargo-to-ship matching services. The company also plans to add financial, procument as well as SaaS solutions at a later stage.
It is very rare for a shipowner set up an open digital shipping platform, and Cosco Shipping Bulk has joined the platform as its first user.
According to an official at Cosco Shipping Technology, the platform will help build a sustainable market environment and facilitate the cooperation and healthy development in the industry.