China places record order for grain transport vessels
Chinese company Cosco Shipping Bulk Co Ltd has signed a contract to build 15 multi-purpose vessels for grain transportation, marking the largest single order of its kind in the country’s history. The project will be carried out in partnership with the China State Shipbuilding Corporation (CSSC) and aims to establish an efficient and environmentally friendly grain supply system.
The new order, placed on World Food Day, highlights the strategic importance of logistics in ensuring China’s food security. The modern vessels are expected to reduce transportation costs, improve reliability and safety, and minimize environmental impact.
The deployment of these ships is anticipated to strengthen China’s ability to respond promptly to global grain market challenges, modernize supply infrastructure, and ensure a stable domestic supply of grain.
Read also
Black Sea Logistics Disruptions: Expert Market Briefing
Lower Black Sea sunflower oil exports are not changing the balance of the global v...
Ukraine seeks support to restore maritime grain exports and expand EU Solidarity L...
USDA forecasts 13% decline in Canada’s wheat crop for 2026/27
Indonesia’s palm oil export growth slows ahead of B50 biodiesel rollout
Write to us
Our manager will contact you soon