On December 9, COSCO SHIPPING and State Power Investment Corporation (SPIC) signed a strategic cooperation framework agreement in Beijing. Capt. Xu Lirong, Chairman of COSCO SHIPPING and Mr. Qian Zhimin, Chairman of SPIC attended the signing ceremony. Mr. Zhang Wei, Executive Vice President of COSCO SHIPPING and Mr. Liu Xiangmin, Vice President of SPIC inked the agreement on behalf of the two sides.
SPIC is the only integrated energy group with hydropower, thermal power, nuclear power and new energy assets in China, as well as the world’s biggest photovoltaic power generator. As the world’s largest integrated shipping company, COSCO SHIPPING is committed to building a world-class logistics service and supply chain service provider. The signing of this agreement fully embodied their vision of cooperation: jointly serving the national energy strategy and achieving complementary advantages, resources sharing and mutual benefit. Through all-round cooperation in market and resources, shipping and logistics, infrastructure construction and investment, equipment manufacturing, technological innovation and application, and financial investment, the two sides will further leverage the advantages of their primary business and enhance synergies to promote high-quality development.
Prior to the signing ceremony, Capt. Xu Lirong held talks with Mr. Qian Zhimin and they exchanged views on energy and transportation cooperation.
Executives from the Operating Management Division, Executive Division (Beijing), COSCO SHIPPING Bulk, COSCO SHIPPING Specialized Carriers and COSCO SHIPPING Logistics attended the activities.
Source:COSCO SHIPPING
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