COSCO, ABS to Work on Trans-Arctic Shipping

Image Courtesy: COSCO

China Ocean Shipping (Group) Company (COSCO) has signed a cooperation agreement on Trans-Arctic shipping development with the provider of classification services American Bureau of Shipping (ABS) in Shanghai, China.

COSCO and ABS aim to expand COSCO’s use of the Northeast Passage, for more regular trading, explore navigation in Northwest Passage, and develop ice-classed vessel types appropriate for Trans-Arctic shipping.

The parties will begin by establishing a cooperative initiative on Arctic Shipping Technology Development.

“ABS is excited to work with COSCO to develop this pioneering trading route,” ABS Greater China Division President and COO Eric Kleess said.

“Further cooperation between COSCO and ABS will allow us to make new contributions to the sustainable use of Arctic sea routes,” Captain Meijiang Cai, Director of COSCO Safety & Technology Supervision Division, said.

Using the Northern Sea Route for a voyage between the principal Asian and European ports reduces the distance by nearly 4,000 miles compared to the traditional route through the Suez Canal.

Share this article

Follow World Maritime News

In Depth>

Events>

<< Oct 2017 >>
MTWTFSS
25 26 27 28 29 30 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31 1 2 3 4 5

Green Ship Technology North America

Survival of the fittest in maritime: Make smart investments, ensure you are compliant, future proof your fleet…

read more >

FCCA Cruise Conference & Trade Show

The ​FCCA ​Conference ​is ​a four-day ​event ​designed ​to ​foster ​a ​better ​understanding ​of ​the ​inner ​workings ​of ​the ​cruise…

read more >

Bulk Liquid Storage Europe 2017

The event will cover current key challenges and issues faced by the industry and provide in depth discussions and analysis of today`s…

read more >

3RD ANNUAL GENERAL AVERAGE SEMINAR

ATTEND THIS SEMINAR TO:
– Get up to speed on the revisions to the York-Antwerp Rules 2016…

read more >