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China Ocean Shipping Company Receives Biggest Export Order
The China International Ocean Shipping Corporation (COSCO) Container Lines announced it has received a 200 million-U.S. dollar order from P&O Nedlloyd, the world's largest container handler.
A senior executive of the company, surnamed Zheng, said that according to the order, the company will supply Nedlloyd with 23, 000 TEU freezer containers.
Nedlloyd has been one of the biggest customers for China's flagship container company. The freezer deal is the biggest order placed by Nedlloyd in China.
COSCO, which set the world's record for freezer container sales in the first six months of this year, has posted a strong export momentum. With last year's output of 29,900 TEU freezer containers, it has obtained 30 percent share of the international market.
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