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COSCO Shipping's "Green Water 01" redefines maritime sustainability standards

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Update time : 2024-05-08 16:53:15
COSCO Shipping, a Chinese state-owned enterprise, has unveiled what it heralds as the "world's largest" electric container ship capable of navigating river to sea. Named the Green Water 01, this vessel surpasses the 10,000-ton mark, marking a significant milestone in advancing sustainability within the maritime logistics sector.

Cosco, abbreviated as China Ocean Shipping (Group) Company, is a formidable state-owned multinational conglomerate headquartered in Shanghai. Its primary expertise lies in marine transportation. COSCO Shipping was founded in 2016 following a sanctioned merger between COSCO and China Shipping, solidifying its prominent presence in the industry.

COSCO Group is China's premier liner carrier, facilitating the daily transport of numerous container vessels. Moreover, it plays a pivotal role in aiding Chinese automakers by supplying ships to export their electric vehicles to burgeoning markets like Europe.

China is the world's largest aluminium producer while maintaining its position as the largest importer of bauxite, the primary ore for aluminium production. Among the key facilitators of this intricate supply chain is COSCO, whose pivotal role in orchestrating bauxite shipments into the nation is instrumental.

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