Drewry: PSA to overtake COSCO in terminal capacity by 2028
NewsDrewry’s latest report predicts PSA will surpass COSCO Shipping in terminal capacity by 2028, reshaping the top of the global container terminal rankings.
COLI Group to cooperate with CSL Shipping
Asia Break Bulk (Singapore), part of the Germany-based breakbulk and heavy lift shipping company, has entered a strategic partnership with CSL Shipping (China)
CSL and Asia Break Bulk will work together to market CSL’s multipurpose carrier JIAN YANG HUA QING (ex-BBC GERMANY), which is equipped with 2 x 250t cranes for loading breakbulk, heavy lift and project cargo and is active for both companies as of now.
Felix Peinemann, Managing Director of the COLI Group, said: “This partnership will expand our footprint in the MPP market. COLI is steadily expanding its activities to offer clients more sailing possibilities and increase its footprint in the Chinese market.
“Recently, we added the ABB VICTORIA to our fleet, an F240 type multipurpose carrier. With this additional vessel we can entertain an even bigger variety of cargoes and projects up to 500t lifting capacity. We look forward to a fruitful collaboration with our partners at CSL Shipping.”
Asia Break Bulk and Shanghai-based CSL will jointly operate the vessel, enabling both companies to gain additional market coverage in the MPP segment and expand their availability for their global clientele. To offer clients flexibility, any commercial enquiry can be handled by CSL’s Shanghai office, Asia Break Bulk’s Singapore team or COLI Group’s HQ in Hamburg.
Jack Lee, Managing Director at CSL Group, said: “This partnership will strengthen our global network, so that we can offer better services to our customers. The commercial, operations and engineering teams of both companies will work in close cooperation to ensure the highest quality and standards for our joint clients. Indeed, we see this step as a big milestone for CSL.”
You just read one of our articles for free
To continue reading, subscribe to WorldCargo News
By subscribing you will have:
- Access to all regular and exclusive content
- Discount on selected events
- Full access to the entire digital archive
- 10x per year Digital Magazine