Thursday, July 3, 2025
25.5 C
Haikou

How to Dodge the Worst of May Holiday Traffic...

Plan your May Day trip smartly! Avoid traffic jams on Hainan highways with peak travel tips, scenic detours, and travel advice for a smooth holiday ...

Explore Hainan on a Budget: Special May Day Sightseeing...

Celebrate May Day holiday with unforgettable budget sightseeing bus tours across Hainan! Take advantage of limited-time special offers on five exclusive routes, plus extra discounts on popular island and rainforest tours …

Starting March 20, All New Energy Vehicles Entering Hainan...

Starting March 20, Xuwen Port will no longer handle ferry services for new energy vehicles. Instead, all such services will be managed exclusively by Hai’an New Port ...

Sanya Implements New Hotel Cancellation Rules to Improve Tourist...

Sanya has introduced new hotel cancellation guidelines, allowing full refunds for early cancellations and prioritizing consumer rights through the "Sanya Worry-Free Travel" platform ...
spot_img
HomeBusiness NewsCeremony in Hainan...

Ceremony in Hainan for opening of COSCO’s latest shipping route, the Hainan-ASEAN (Singapore) Liner Route

COSCO Shipping, the third biggest container line in the world, has welcomed the unveiling of the new International Land-Sea Trade Corridor (ILSTC) at ceremony in Hainan.

At a ceremony on December 29 2018 attended by representatives from terminal operator PSA International, Beibu Gulf Port Group, the Chinese Ministry of Transport and others, COSCO announced it will continue to invest in transportation infrastructure.

The ceremony in Hainan also saw the opening of COSCO’s latest shipping route, the Hainan-ASEAN (Singapore) Liner Route, which will allow goods from the participating provinces to be shipped to Singapore via Yangpu Port in Hainan.

The ultimate objective is to turn Hainan into a trade and shipping hub and a vital pivot in the ILSTC, and consequently a key link in China’s Belt and Road Initiative. 

Speaking at the ceremony, Huang Xiaowen, Executive Vice President, COSCO Shipping, said: “COSCO SHIPPING has taken an active part in ILSTC construction and developed key nodes in Chongqing, Chengdu and Guangxi.

COSCO Shipping, the third biggest container line in the world, has welcomed the unveiling of the new International Land-Sea Trade Corridor (ILSTC) at ceremony in Hainan
Credit: COSCO Shipping

“Next, the Corporation will increase investment in route construction. With a focus on Yangpu, we will continue to improve route services from Hainan to ASEAN countries, and enhance the connections between Yangpu with Qingzhou and coastal routes.

“We will also give full play to the role of the Hainan free trade port, an integrated service hub of the international supply chain, in key nodes of the Belt and Road to promote connectivity and make new ground in opening China further through links running eastward and westward, across land and over sea at an earlier date”.

Wang Lu, Vice Governor of Hainan Provincial People’s Government, also commented: “The opening of the container route from Yangpu to Singapore will bolster the confidence of international and Chinese shipping companies in expanding the Hainan shipping market while injecting vitality into the involvement of Hainan into ILSTC construction.

“In the future, Hainan will accelerate the improvement of port infrastructure and addition of new container routes and make full use of the preferential policies as a free trade port, to build an important gateway to the Pacific and Indian Oceans”.

Source: porttechnology.org

Leave a Comment:

Make-a-comment-or-complaint
Comment

- Advertisement -

spot_img

Related articles:

Investment Opportunity: Haikou Hainan Digital Health Port Project

Find out more about Haikou’s landmark healthcare investment opportunity at the Hainan International Digital Health Port. Backed by the Free Trade Port’s incentives, the project integrates health education, advanced medical services, and pharma-device trade to foster a digital medical ecosystem …

Hainan Free Trade Port Opens Customs Declaration Sector to Foreign Companies Without Local Legal Entity

While not glamorous, customs declaration is the backbone of international trade. To "engage in customs declaration business” means to provide professional services that help importers and exporters handle all the formalities and paperwork required by customs authorities when goods cross international borders …

Investing in Haikou: How a 1.2 Billion Yuan Boost is Powering the City’s Future in China’s 20-City Renewal Plan

June 4, 2025, China’s Ministry of Finance and the Ministry of Housing and Urban-Rural Development announced the selection of 20 cities to receive more than 20 billion yuan (approximately $2.78 billion) in central fiscal support for urban renewal ...

HNSE Asia AI Hardware Battle 2025 Call for Entries, Full Sponsorship to Hainan Finale

As the flagship competition of the Hainan-Southeast Lingshui Tech & Art Festival, the HNSE AHB invites startups and established companies alike to showcase their most promising AI hardware innovations on a global stage ...

Get weekly email updates for new articles published!

Haikou
scattered clouds
25.5 ° C
25.5 °
25.5 °
90 %
2.8kmh
50 %
Thu
30 °
Fri
30 °
Sat
31 °
Sun
30 °
Mon
30 °

Cosy Stays Beyond the Ordinary

Relax, Unwind, and Explore Hainan's Hidden Gems

Puerto Libre Tapas: A Taste of Latin and Mediterranean Cuisine

Located in Xiuying District, Haikou, Puerto Libre Tapas brings together Latin and Mediterranean flavors in a relaxed and inviting setting. The warm decor blends Mediterranean charm with Latin energy, making it a great spot for a casual meal or special night out ...

The Paddy Shack: A Taste of Comfort in Chengmai

Tucked away in the quiet streets of Laocheng Town, Chengmai, just outside Haikou, The Paddy Shack is a welcoming spot for anyone craving hearty...

Batumi: A Taste of Georgia in Haikou

Haikou's dining scene just got a flavorful upgrade with Batumi Georgian Food and Wine. If you're looking to try something new, this is the...
spot_img

Bored? Need to get out more?

Latest News ...

Magnificent Yahu Rice Terraces or Tourism and Marketing Hype?

Rapid tourism development has transformed what was once a working agricultural landscape into a managed tourist attraction. It has generated significant marketing hyperbole heavily promoting the area far beyond what the actual experience delivers …

Haikou School Closure Status During Typhoon Wutip

Haikou's kindergartens are closed today (Friday, June 13, 2025) due to Typhoon Wutip's impact on Hainan Island. According to the latest Chinese-language sources, Haikou City, along with Ding'an and Tunchang counties, upgraded their typhoon warnings from blue to yellow on June 12th afternoon ...

How Strong Is Topical Storm Wutip? Projected Intensity and Classification

Typhoon Wutip is projected to reach wind speeds of 25 to 33 meters per second (m/s), which corresponds to Beaufort scale levels 10 to 12. This is not considered a "super typhoon" or one of the largest storms, but it is still a "big" storm by general standards …

Blue Typhoon Alert Issued for Sanya

A tropical depression is expected to affect Sanya over the next 24 hours. Winds in coastal and inland areas will intensify, with sustained speeds reaching Level 6 and gusts up to Levels 7–8. The system will also bring heavy rain and severe thunderstorms. Residents and organizations are urged to take precautions ...
spot_img

Looking for an international pre-school in Haikou?

Flora's International Preschool has three preschools in the Haikou area. Our schools follow a European curriculum

Continue Reading ...

A Taste of Georgia in Haikou: Wine, Cuisine, and Culture Night at Batumi

On Friday, June 20th, 2025, from 7:00 to 9:00 PM, Batumi will bring a piece of Georgia to Haikou with an event that combines traditional Georgian cuisine, five varieties of Georgian wine, and live music …

“Our Expression” – Li Ethnic Plant Dye & Rattan Weaving Art Exhibition in Hainan

Explore "Our Expression," a showcase of Li ethnic plant dye and rattan weaving from Wuzhishan’s Maodao Township. Open until July 14, 2025, at the Hainan Provincial Cultural Center in Haikou. Includes workshops and activities on June 21–22 …

Hainan to Host 2025 UCI Granfondo World Series Qualifier

The UCI Granfondo World Series includes a new qualifying event in Hainan, in December 2025, offering amateur cyclists a chance to compete for a place at the 2026 World Championships in Japan …

Get weekly email updates for new articles published!

Never miss another important notice or event. Be informed of what you need to know, when you need to know it.