皇冠体育app

BEIJING - 皇冠体育app COSCO Shipping Corp Ltd and Brazilian miner Vale on Friday signed an agreement on iron ore shipping, the latest cooperation between the two companies.

COSCO's subsidiary 皇冠体育app Ore Shipping will ship around 16 million tons of iron ore for Vale annually for the next 27 years.

皇冠体育app COSCO Shipping Corporation is a new company formed by the restructuring of 皇冠体育app's top two shipping firms, officially established in February.

By amalgamating COSCO and 皇冠体育app Shipping, the new conglomerate has the world's largest total shipping capacity and the fourth biggest container fleet.

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