Thursday, 08/05/2025, 14:43 (GMT +7)
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Cosco Shipping Lines opens office in Saudi Arabia
Cosco Shipping Lines opens office in Saudi Arabia. Photo: COSCO SHIPPING LINES LLC (Saudi Arabia)
China's leading shipping group Cosco Shipping Lines has officially opened a new office in Saudi Arabia, marking an important step in its market expansion strategy in the Middle Eastern country.
“Saudi Arabia is one of the important overseas markets for Cosco Shipping and the establishment of Cosco Shipping Lines (Saudi Arabia) is a milestone for the company to deepen business development in the region,” the Chinese shipping company said.
“In the future, Cosco Shipping Lines will leverage its advantages and actively utilize the invested terminal resources in Jeddah Port and the railway terminal project to be built by the West Asia company in Jubail Industrial City to better serve Cosco Shipping’s fleet,” Cosco Shipping added.
As of the end of March, Cosco Shipping Lines was operating a fleet of 426 vessels and 402 shipping routes, serving 638 ports in 146 countries and regions.
China has been the largest trading partner of Arab countries for many consecutive years, with bilateral trade exceeding $400 billion last year. Exports from China to Saudi Arabia alone increased by 18.2% in 2024.
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Source: Phaata.com (According to Seatrade-Maritime)
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