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20 May 2019 The on-line newspaper devoted to the world of transports 22:57 GMT+2

February 15, 2019

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Agreement COSCO Shipping Lines - Bolloré Transport & Logistics in order to develop synergies

The cooperation will be centralized in particular on the continent African

The company of navigation COSCO Shipping Lines of shipowning Chinese COSCO Shipping and the Bolloré Transport & Logistics, logistic, marine company and harbour group of the French group Bolloré, a memorandum has undersigned of understanding in order to intensify their commercial relations, in existence they give beyond twenty years, and in order to together estimate new opportunities in the fields of the transports, the logistics and harbour infrastructures.

Between the objectives of the agreement there is that to develop international the commercial flows ulteriorly, with particular reference to the continent African, market in which during the last few years China is more and more beginning from anticipates the participation to the realization of new infrastructures and from the exploitation of the raw materials, but also from the assistance in the field of the defense.

"This new agreement undersigned with COSCO Shipping Lines - it has commented the president and general manager of Bolloré Transport & Logistics, Cyrille Bolloré - is the result of our common desire to develop synergies between our activities. Moreover it demonstrates our ambition to continue to develop to our strategic international net promuovendo the cooperation with partner recognized for their excellence and their performances".

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