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Bolloré and Cosco strengthen ties

Bolloré Transport & Logistics and Cosco Shipping Lines have signed a memorandum of understanding (MoU) to strengthen their commercial relationships, while exploring new opportunities for cooperation in transport, logistics and port infrastructure.

From left to right – Cosco Shipping Lines: Wang Kunhui (general manager of Latin America/Africa trade division); Tao Weidong (deputy managing director); Chen Shuai (deputy managing director); Wang Haimin (managing director). Bolloré Transport & Logistics: Cyrille Bolloré (ceo); Philippe Labonne, (deputy ceo); Michel Sibony; and Sébastien Beuque (shipping director).

Cyrille Bolloré, ceo of Bolloré Transport & Logistics, said: "This new agreement signed with Cosco Shipping Lines is the result of our common desire to develop synergies between our businesses. It also illustrates our ambition to continue the development of our international network by promoting cooperation with strategic partners, recognised for their excellence and performance."

www.bollore-transport-logistics.com

lines.coscoshipping.com

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