Cosco’s new Diamond Line set to engage in intra-Europe box business

Cosco’s new Diamond Line set to engage in intra-Europe box business

Cosco is moving all its intra-Europe box business to a new brand called Diamond Line.

Alphaliner reports that Cosco Shipping Lines (Europe), the Hamburg-based affiliate of Cosco Shipping, in charge of the carrier’s Europe area, has established Diamond Line, a wholly-owned subsidiary incorporated in Germany in July, to take over the intra-Europe trade and feeder operations from the Chinese giant.

The specific time of the transfer has yet to be announced.

According to Alphaliner data, Cosco currently operates 25 vessels with a total capacity of 52,900 teu on 16 intra-European services.

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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