COSCO Shipping Development Secures World’s First Full-Container Industry Chain 

133

COSCO SHIPPING Development and Standard Chartered Bank (China) Limited have entered into a framework agreement focused on transforming the container industry chain and fostering sustainable finance, which includes a committed credit line of 3 billion yuan.

Cooperation agreement 

The signing of this cooperation agreement is set to enhance ongoing information exchange between the two organizations at national, regional, and global scales. It will also deepen their joint efforts in transition financing, liquidity, and risk management, alongside promoting green and sustainable development initiatives. This move aims to bolster high-quality advancements in the ESG field.

Did you Subscribe to our daily newsletter?

It’s Free! Click here to Subscribe

Source: Coscoshipping