Cainiao and COSCO Shipping have reached a full link maritime performance service cooperation

$COSCO SHIP INTL(00517.HK)$ announced that its "CSCL SATURN" cargo ship set out from Yantian Port, China, and recently arrived at Bruges Port, Antwerp, Belgium, marking the first cooperation between COSCO Shipping and Cainiao in the full link maritime performance service.

This batch of goods is prepared for the promotion of "Double 11" and "Black Friday" in China.

In view of the characteristics of cross-border e-commerce that require high logistics efficiency and stability, the two sides rely on COSCO Shipping's port and shipping cooperation advantages, cooperate with each other at home and abroad, simplify the in warehouse transit process, and improve the overall shipping efficiency by more than 20%.