COSCO Logistics Co., Ltd., which ranked first in China's “Top 100 Logisticsâ€, succeeded in cooperating with Fortune 500, one of the world’s largest liquid chemical storage tank terminal professional companies. On August 26th, COSCO Yuanfu Logistics Co., Ltd., a joint venture between the two parties, was announced in Shanghai. This is a third-party logistics company with liquid chemical products established in China and jointly invested by China and the Netherlands.
With the approval of the Ministry of Communications and the Ministry of Commerce, COSCO Fubao Logistics Co., Ltd., established on November 1st last year, has signed a joint venture and cooperation agreement on the basis of consensus and agreement between COSCO Logistics and the Dutch Royal Fortune Group. . As the world's largest liquid chemical product warehousing and logistics company, the Dutch Royal Vop Group currently has 72 tank farms in 29 countries and storage equipment for liquid and gas chemical petroleum products with a storage capacity of over 20 million cubic meters. Since it first took part in the Chinese market in 1990, the Royal Vop Group has successively established large-scale modern liquid chemical storage tanks with world-class standards in Shanghai, Tianjin, Ningbo, Xiamen, and Shaoshan.
As the largest third-party logistics company in China, COSCO Logistics is relying on its existing business space in the fields of logistics project development and management, international shipping agency, multimodal transport, freight forwarding, air transport agency, railway and barge transport, and charter brokerage. The domestic hardware, transport vehicles, storage facilities and other hardware advantages, to achieve complementarity with the Netherlands Royal Vop Group's advantages. It is predicted that the new joint venture will achieve annual logistics storage and transportation of more than 3 million tons.
According to reports, the newly established company will integrate the safety, environmental protection and health concepts accumulated by the company for many years and the localized management experience of COSCO Logistics, and provide complete supporting services for the customers of the existing international famous brands of the Royal Vop Group in the Netherlands. Industry insiders pointed out that the cooperation between COSCO Logistics and the Dutch Royal Vault will greatly promote the integration of the chemical logistics industry and standardize its development process.
With the approval of the Ministry of Communications and the Ministry of Commerce, COSCO Fubao Logistics Co., Ltd., established on November 1st last year, has signed a joint venture and cooperation agreement on the basis of consensus and agreement between COSCO Logistics and the Dutch Royal Fortune Group. . As the world's largest liquid chemical product warehousing and logistics company, the Dutch Royal Vop Group currently has 72 tank farms in 29 countries and storage equipment for liquid and gas chemical petroleum products with a storage capacity of over 20 million cubic meters. Since it first took part in the Chinese market in 1990, the Royal Vop Group has successively established large-scale modern liquid chemical storage tanks with world-class standards in Shanghai, Tianjin, Ningbo, Xiamen, and Shaoshan.
As the largest third-party logistics company in China, COSCO Logistics is relying on its existing business space in the fields of logistics project development and management, international shipping agency, multimodal transport, freight forwarding, air transport agency, railway and barge transport, and charter brokerage. The domestic hardware, transport vehicles, storage facilities and other hardware advantages, to achieve complementarity with the Netherlands Royal Vop Group's advantages. It is predicted that the new joint venture will achieve annual logistics storage and transportation of more than 3 million tons.
According to reports, the newly established company will integrate the safety, environmental protection and health concepts accumulated by the company for many years and the localized management experience of COSCO Logistics, and provide complete supporting services for the customers of the existing international famous brands of the Royal Vop Group in the Netherlands. Industry insiders pointed out that the cooperation between COSCO Logistics and the Dutch Royal Vault will greatly promote the integration of the chemical logistics industry and standardize its development process.
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