SHANGHAI : COSCO SHIPPING Lines has opened its new branch office, SARL, in Casablanca, Morocco. Diamond Line, a subsidiary of COSCO Shipping Lines (Europe) GmbH, will play an important role in expanding the North Africa business as part of COSCO SHIPPING Europe’s ‘Big corridor and 3 networks’ strategy to connect Europe to other continents through three networks (water and rail transportation, as well as a warehousing and distribution network).
Diamond Line’s MV Delphis Gdansk made her inaugural journey to Casablanca in September last year on the new Turkey-Spain-Morocco (TSM) route, which connects major Marmara ports with Spain and Casablanca and provides a quick connection to Valencia in only one day.
According to COSCO, four containerships have sailed the TSM route so far, three of which are Diamond Line’s new, CO2-efficient 1,900 TEU vessels.
WANG Mingfeng, President COSCO SHIPPING (Europe) GmbH, said: “With the opening of COSCO SHIPPING Lines (Morocco) SARL in Casablanca, we are delighted to make a clear commitment to the importance of North Africa in trade with Europe and the world, as we continue to pursue our mission to serving the global trade and local societies together.
“Thanks to our competent local staff, our valued customers will benefit from an optimised network, featuring our innovative green shipping and digital supply chain services, to create more value. There is a huge potential for Morocco and our customers to grow together in the next couple of years, as North Africa, and Morocco in particular, will be a key focus for our global coverage by our liner services.”
In December 2023, COSCO SHIPPING issued the 100,000th blockchain-based electronic bill of lading to a cross-border e-commerce customer in Shenzhen by COSCO SHIPPING Lines.
More recently, Israeli financial news website, Globes, reported that Chinese shipping company, COSCO, has suspended shipping to Israel.