SHANGHAI PanAsia Shipping, a near-sea shipping company owned by Coscon, and Sinotrans Container Lines (Sinolines), have entered partnership in a shipping service from China to Japan. The two parties signed an agreement on January 8, according to which they will cooperate on two shipping routes from north China to Japan's Kanto/Kansai and from Shanghai to Kanto/Kansai by jointly deploying vessels and swapping slots.
The agreement will enable the carriers to make more effective use of their resources on Sino-Japanese trade lanes while expanding port coverage, increasing frequency and enhancing stability of the service.
The move is also a mark of the beginning of Coscon and Sinotrans' cooperation on the Sino-Japanese container service.
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