COSCO SHIPPING Launches New Subsidiary in Saudi Arabia

COSCO SHIPPING Lines has established a new company, COSCO SHIPPING Lines (Saudi Arabia) Co., Ltd., in Dammam, Saudi Arabia. This new subsidiary is a milestone for COSCO SHIPPING's deepening of its overseas presence, particularly in the crucial Saudi market. 

The establishment was witnessed by representatives from COSCO SHIPPING Group, Saudi Ports Authority, and the new subsidiary. 

The ceremony was attended by prominent figures from COSCO SHIPPING, including Zhang Yong, Vice President of COSCO SHIPPING Group, and representatives from the Saudi Ports Authority and the new subsidiary.

The move signifies COSCO SHIPPING's commitment to expanding its global network and strengthening its presence in the Middle East.

Saudi Arabia is a major trading partner for China, with substantial bilateral trade volume, making it a key market for COSCO SHIPPING.

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