Rizhao Port sets up logistics jv with Cosco

Rizhao Port sets up logistics jv with Cosco

Rizhao Port, a major bulk shipping port in North China, has entered into an agreement with Cosco Shipping Logistics to set up a joint venture.

The 50/50 joint venture Rizhao Port Cosco Shipping Logistics will integrate all logistics business at Rizhao Port.

As part of the agreement, Rizhao Port will transfer its shareholdings in six logistics subsidiaries into the joint venture.

Rizhao Port believes the collaboration with Cosco will greatly enhance the port’s logistics operations and service levels.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.

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