COSCO SHIPPING Lines (Morocco) SARL opens in Casablanca

COSCO SHIPPING Lines has opened its new branch office in Morocco today. COSCO SHIPPING Lines (Morocco) SARL is based in the heart of Casablanca and emphasises the rising importance of North Africa for European trade. As part of COSCO SHIPPING Europe’s “Big corridor and 3 networks” strategy to connect Europe to other continents with three networks (water and rail transportation, and a warehousing and distribution network), feeder and shortsea carrier Diamond Line, a subsidiary of Cosco Shipping Lines (Europe) GmbH, will play a key role in extending the North Africa business.

Already in September last year, Diamond Line’s MV DELPHIS GDANSK completed her maiden voyage to Casablanca on the new Turkey-Spain-Morocco (TSM) service, which connects major ports in Marmara with Spain and Casablanca and offers a fast connection to Valencia in only one day. So far, four container ships are sailing on the TSM route, three of them operated by modern and CO₂-efficient 1,900 TEU vessels operated by Diamond Line.

“With the opening of COSCO SHIPPING Lines (Morocco) SARL in Casablanca, we are delighted to make a clear commitment to the importance of North Africa in trade with Europe and the world, as we continue to pursue our mission to serving the global trade and local societies together. Thanks to our competent local staff, our valued customers will benefit from an optimized network, featuring our innovative green shipping and digital supply chain services, to create more value. There is a huge potential for Morocco and our customers to grow together in the next couple of years, as North Africa, and Morocco in particular, will be a key focus for our global coverage by our liner services”, said WANG Mingfeng, President COSCO SHIPPING (Europe) GmbH.

The newly founded COSCO SHIPPING Lines (Morocco) SARL, headed by Managing Director LU Yuxin, succeeds the previous Moroccan COSCO SHIPPING Lines agent COSMO Shipping & Logistics. The signing documents and cutting ribbon ceremony was also witnessed by H.E.M LI Changlin, Ambassador Extraordinary and Plenipotentiary of China to Morocco.

H.E.M LI Changlin, Ambassador Extraordinary and Plenipotentiary of China to Morocco (left), and WANG Mingfeng, President COSCO SHIPPING (Europe) GmbH (right) cut the ribbon during the opening ceremony COSCO SHIPPING Lines (Morocco) SARL.

About COSCO SHIPPING

China COSCO SHIPPING Corporation Limited (hereinafter referred to as COSCO SHIPPING Group or the Group) is an SOE headquartered in Shanghai. It is the merged entity of China Ocean Shipping (Group) Company (COSCO) and China Shipping (Group) Company (China Shipping).

As of Dec 31, 2022, the total fleet of COSCO SHIPPING comprises of 1394 vessels with a capacity of 113.82 million DWT, ranking No.1 in the world. Its container fleet capacity is 3.02 million TEU, ranking the third in the world. Its dry bulk fleet (437 vessels / 45.14 million DWT), tanker fleet (228 vessels / 29.18 million DWT) and general and specialized cargo fleet (175 vessels / 5.78 million DWT) are all topping the world’s list.

Thanks to its complete global service network, COSCO SHIPPING has become a top international brand. The upstream- and downstream links along the industry chain, such as shipping, terminals, logistics, shipping finance, ship repair and shipbuilding, have formed a sound industrial structure. The Corporation has invested in 56 terminals, including 49 container terminals, all over the world. The annual throughput of its container terminals amounts to 131.79 million TEU, taking the first place worldwide; the global sales volume of its bunker fuel exceeds 28.30 million tons, which is the largest in the world; and the container leasing business scale reaches 3.91 million TEU, the third largest in the world. Its offshore engineering manufacturing competence and vessel agency business are also leading in the world.

To serve the global trade and operate a global network, COSCO SHIPPING has been focusing on the establishment of a “3+4” industrial ecosystem, with shipping, ports and logistics as its foundation and core industries, and with shipping finance, equipment manufacturing, value-added service and digital innovation as the enabling and value-added industries. Based on that, it further aims to build a world-class integrated logistics service and supply chain service ecosystem.
https://en.coscoshipping.com/