Niche carriers cruise into new export markets

A specialized subsidiary of China COSCO Shipping Corp is making major inroads in emerging markets through infrastructure development and new energy projects.

COSCO Shipping Specialized Carriers Co has the world's largest fleet of niche ships and multipurpose vessels, and is now enjoying robust growth in Africa and South America.

This year, the carrier line has shipped tons of construction materials to Mombasa Port in Kenya for rail infrastructure projects as well as moving hydropower equipment to Luanda in Angola.