World’s largest bulk fleet is launched

China Daily (Canada) - - NEWS CAPSULE -

COSCO Shipping Bulk Co was of­fi­cially launched in Guangzhou, form­ing the world’s largest bulk ves­sel fleet in terms of both ship num­bers and dead­weight ton­nage.

The new com­pany was formed by the merger of COSCO Bulk Car­rier Co and China Shipping Bulk Car­rier Co.

With a to­tal of 382 self­op­er­ated and con­trolled bulk ves­sels and a ca­pac­ity of 34.58 mil­lion dead­weight tons, COSCO Shipping Bulk will be able to ship iron ore, coal, grain and other com­modi­ties to more than 1,000 ports in some 100 coun­tries and re­gions.

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