OceanX radar: Doom & gloom at the IMF; China's new plan; Bought in the US of A
Here comes the rain again
COSCON and CSCL, the largest two shipping lines in China and leading-position carriers in the industry, have announced to jointly run on China domestic lane. The two companies were respectively belong to China Ocean Shipping (Group) Company and China Shipping (Group) Company.
Both sides conclude the agreement of cooperation on China-domestic Trade Lane between COSCON and CSCL – planning to jointly launch Northeast/North China to Fujian/Shantou Service. This is the first time that the two companies cooperate on China domestic lane.
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