COSCO SHIPPING recently held a cloud-based project signing ceremony for two 700-TEU electric container vessels to operate on the Yangtze River mainline. Fifty-one enterprises and institutions were virtually connected to witness the signing agreement ceremony of the 700-TEU electric container vessel building and ship leasing agreement with COSCO SHIPPING Development, COSCO SHIPPING Heavy Industry Yangzhou and Shanghai PANASIA Shipping respectively. The signing parties will jointly promote the green zero-carbon transformation of shipping on the Yangtze River.
The successful development of the new 700-TEU electric container vessel and the signing of the project agreements are an important step taken by COSCO SHIPPING to implement the 14th Five-Year Plan. The plan also includes the practice of strategic net-zero carbon development and promoting the high-quality development of the enterprise.
COSCO SHIPPING will continue to corporate with all its partners to contribute toward developing a net-zero carbon emissions (carbon peak and carbon neutrality) for China’s inland and coastal shipping.
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