China COSCO Shipping Group established a new company in Saudi Arabia.

On April 28, China COSCO Shipping Group held a plaque unveiling ceremony for the establishment of COSCO Shipping Saudi Arabia in Dammam, Saudi Arabia. Saudi Arabia is one of the important overseas markets where China COSCO Shipping has been deeply cultivating, and the establishment of COSCO Shipping Saudi Arabia is a milestone event. In the future, the company will leverage its professional advantages, actively utilize the terminal resources invested by the port company in Jeddah Port and the railway station project that West Asia company will construct in Jubail Industrial City, in order to better serve the fleet of various professional companies under China COSCO Shipping.