COSCO Shipping and CNOOC Sign Pact

December 25, 2019

China’s largest offshore oil and gas producer China National Offshore Oil Corporation (CNOOC) and Chinese state-owned shipping and logistics giant China Ocean Shipping Company (COSCO) signed a strategic cooperation framework agreement.

Capt. Xu Lirong, Chairman of COSCO Shipping, Wang Dongjin, Chairman of CNOOC, Mr. Fu Gangfeng, Director of the Board and President of COSCO shipping and Xu Keqiang, Vice President of CNOOC witnessed the signing of the agreement.

Huang Xiaowen, Executive Vice President of COSCO Shipping and Ms. Wen DongFen, Chief Accountant of CNOOC inked the agreement on behalf of the two sides.

Han Jun, Assistant to the President of COSCO Shipping and Chairman of COSCO Shipping Logistics, and executives from the Operating Management Division, Executive Division (Beijing), COSCO Shipping Energy and COSCO Shipping  Specialized Carriers also attended the signing ceremony and the talks.

Logistics News

Russian Oil Freight Rates to India Ease Further With Increased Tanker Availability

Russian Oil Freight Rates to India Ease Further With Increased Tanker Availability

Russia Grain Exports Plummet 63%

Russia Grain Exports Plummet 63%

Singapore Ship Bunker Sales hit 16-month High

Singapore Ship Bunker Sales hit 16-month High

Unresolved Issues Plague Vietnam-US Trade Talks

Unresolved Issues Plague Vietnam-US Trade Talks

Subscribe for Maritime Logistics Professional E‑News

Russian Urals prices surpass western price cap on Brent for the first since April
Baker Hughes announces all Middle East facilities
Naval agencies report a surge in shipping disruption around Hormuz following Israeli attacks against Iran