AFRICAN SHIPPING LINE -CHINA
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Recently and according to the director of China’s State Oceanic Administration, China has big plans for the 21st Century Maritime Silk Road (MSR) in 2016. Xinhua cited SOA chief Wang Hong as saying that China will advance the MSR with an action plan this year. Wang also spoke of establishing “a China-ASEAN maritime cooperation center and a platform to boost maritime cooperation in East Asia,” according to Xinhua.
Logistics investors in Asia have been weighing the relative effects of a slowdown in Chinese export trade, the changing composition of Chinese demand, and the potential trade boost from the new Trans-Pacific Partnership (TPP).
But at the same time, a fundamental transformation of Asian economic structure, trade relations and policy has been taking place – one that could have a far-reaching impact on the flow of goods and on the infrastructure that connects producers and consumers from the South China Sea to the Mediterranean.
The ‘one belt, one road’ strategy, announced in 2013, aims to bring back China’s historic land and sea trade routes, in the form of the so-called 21st Century Maritime Silk Road and the Silk Road Economic Belt.
Already China Shipping Container Lines Company (CSCL) announced the official launching of its services in the Republic of Georgia through the event “New Maritime Silk Road in Georgia”, hosted at Tbilisi Marriott Hotel on 2nd of December, 2015.
Meanwhile, just recently, The Greek port of Piraeus emerged under OBOR as China’s new gateway into the EU, creating a shorter link between Southeast Asian production and consumer markets in Europe and Central Asia via the Silk Road maritime corridor across the Indian Ocean and Suez Canal. OBOR is a massive programme and embodies China’s most vital strategic goals, according to a paper by the Center for Strategic & International Studies (CSIS). Since first investing in the port in 2009, China Overseas Shipping Company (COSCO) and its subsidiaries have obtained a contract extension to 35 years, built or rebuilt two terminals, and added modern cranes enabling the port to ramp up annual volume five-fold, from 700,000 standard 20ft containers to 3.6m.
Meanwhile, just recently, The Greek port of Piraeus emerged under OBOR as China’s new gateway into the EU, creating a shorter link between Southeast Asian production and consumer markets in Europe and Central Asia via the Silk Road maritime corridor across the Indian Ocean and Suez Canal. OBOR is a massive programme and embodies China’s most vital strategic goals, according to a paper by the Center for Strategic & International Studies (CSIS). Since first investing in the port in 2009, China Overseas Shipping Company (COSCO) and its subsidiaries have obtained a contract extension to 35 years, built or rebuilt two terminals, and added modern cranes enabling the port to ramp up annual volume five-fold, from 700,000 standard 20ft containers to 3.6m.
In September, COSCO led a joint venture with two other Chinese state-owned enterprises that invested $940m to buy 65% of a logistics terminal in the Turkish port of Ambarli, on the European side of the Marmara Sea. COSCO is one of three bidders for a 51% stake in Piraeus, most of the Greek government’s 67% share. A decision was expected in late October.
Through this service extensions, China Shipping intends to support It's Containerized goods directly from it's Factories to the Middle East and Africa and to Increase, facilitate activities of the international commerce.
China Shipping was founded in 1997, has its headquarters in Shanghai, China and is listed on both Hong Kong and Shanghai stock exchanges. The company offers a diverse range of container transportation and supporting services all over the world. Following 18 years of developing, China Shipping has more than 100 branches overseas, more than 540 container vessels deadweight over 36 million tones.
CSCL is a global container liner service provider affiliated to China Shipping Group currently having a global transportation network with more than 80 international, domestic and feeder service routes serving 180 ports across 60 countries. GNS Georgia was nominated by China Shipping as the sub-agent of the carrier China Shipping Container Lines Co. Ltd. in Georgia.
African Shipping Line covers many of those ports in the China Silk Ports on The Indian Ocean including Mombasa, Mogadishu, Berbera, Djibouti (Doraleh Port), Salalah, Jebel Ali, Karachi, Mumbai and Colombo Ports. We also have Agency Offices in China Guangzhou, Shenzhen
