COSCO creates partnership with ANL

COSCO Container Lines Co Ltd, the container arm of the State-owned Shipping conglomerate COSCO Group, has partnered with the Melbourne-based Australian shipping company ANL Container Line on China-Australia lines, according to a statement from the Chinese company.

COSCO will dedicate five vessels to the joint cooperation, and the Australian company will put in one.

This cooperation will enhance COSCO's service in Japan, South Korea and other regions, the Chinese company said.