COSCO Shipping Signed a Strategic Cooperation Agreement with BYD

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  • BYD and COSCO SHIPPING Special Transport Sign Major Cooperation Agreement.
  • Leading the Charge: COSCO SHIPPING and BYD Join Forces on Zero-Emission Goals.
  • Global Expansion and Sustainability: COSCO and BYD’s Strategic Agreement Unveiled.

On 6 November 2024, COSCO SHIPPING Special Transportation Co., Ltd. and BYD Automobile Industry Co., Ltd. signed a strategic cooperation agreement, according to COSCO, reports Port News.

BYD: A Leader in Sustainable Development

For over two decades, BYD has seen explosive growth with over 30 industrial parks worldwide. Activities include electronics, automobiles, new energy, and rail transit. It’s among the first companies to pursue a zero-emission solution that encompasses every stage of acquisition and storage of energy to application.

COSCO SHIPPING Special Transport

COSCO SHIPPING Special Transport is a COSCO SHIPPING Group subsidiary company engaged in special vessel transportation and other support services. COSCO SHIPPING Special Transport is the largest and strongest fleet of special transport vessels around the world, ranking it among the global leaders in this sector.

A Vision for a Sustainable Future

This partnership of COSCO and BYD aims to utilize combined transportation and new energy solutions expertise to advance commitments to sustainable development on a global level as well as zero-emission solutions.

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Source: Port News