COSCO Shipping Specialized Carriers’ car-carrier business has signed a 10-year contract of affreightment with Chinese automaker DFSK, securing a long-term vehicle-export cargo relationship.
The agreement was signed with Chongqing Xiaokang Import & Export, DFSK’s export operation.
The companies said they intend to expand shipping volumes, allocate vessel capacity and develop the global route network serving DFSK exports.
DFSK, a brand under Seres Group, says the automaker has exported more than 600,000 vehicles and established a presence in over 70 countries and regions.
No annual cargo commitment, freight rate, named route, vessel allocation, commencement date, or contract value was disclosed.
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Adis Ajdin
Adis is an experienced news reporter with a background in finance, media and education. He has written across the spectrum of offshore energy and ocean industries for many years and is a member of International Federation of Journalists. Previously he had written for Navingo media group titles including Offshore Energy, Subsea World News and Marine Energy.
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