COSCO SHIPPING Carriers (CSCC) and Neptune Lines, a leading Mediterranean short-sea RoRo operator, have signed a strategic agreement to develop a new automotive supply chain hub at Piraeus Port. This initiative strengthens Piraeus as the Mediterranean gateway for the COSCO SHIPPING Group, enhancing regional connectivity and efficiency.
Strategic Network Expansion
The partnership will establish a logistics corridor covering 21 ports across 12 countries, including:
- Europe & Mediterranean: Koper (Slovenia), Italy, France, Spain, Malta
- Black Sea: Romania, Turkey
- North Africa: Egypt, Morocco, Tunisia
- Middle East: Cyprus
Integrated Solutions & Smart Logistics Ecosystem
- End-to-End Service: Seamless integration between China-Greece mainline shipping and local feeder routes, ensuring full supply chain visibility from Chinese factories to end customers.
- COSCO’s Global Network: Enhances marine transport, warehousing, and multimodal logistics.
Service Launch & Key Advantages (Starting March 2024)
- 30-Day Transit: Fastest direct route from China to Mediterranean ports.
Increased Frequency:
- Monthly sailings at launch
- Bi-weekly service by end-2024 (with 13 new-build vessels).
3-Tier Coverage:
- Piraeus as the hub
- Distribution to North Africa, the Black Sea, and major European markets.
Beyond Shipping Value-Added Logistics
- Bonded Storage Hubs: Warehousing, Pre-Delivery Inspection (PDI), and tax advantages reduce capital burden.
- Multimodal Distribution: Cargo dispatch via barge, rail, and trucking networks across Europe.
- Proven Success: Modeled after CSCC’s Zeebrugge hub, which handles 10,000+ vehicles for Chinese automakers.
Shaping the Future of Auto Logistics
With booming Chinese EV exports, this collaboration combines:
- Neptune Lines’ 40+ years of short-sea expertise
- COSCO SHIPPING’s integrated resources and new building capacity
This strategic partnership reshapes regional automotive logistics, reinforcing Piraeus as a key hub in global trade.
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Source: XINDE MARINE NEWS
