Bridging Asia and Latin America, empowering global trade! COSCO SHIP HOLD (COSCO SHIP HOLD) has illuminated a new chapter of cooperation in the modern era through its innovative end-to-end logistics solutions. Recently, the "From Chancay to Shanghai: Asia-Latin America Land-Sea Corridor Cooperation and Development Promotion Conference" concluded successfully in Shanghai, establishing an efficient communication platform for economic and trade exchanges between Asia and Latin America.
Following the conference, tangible results emerged swiftly—leveraging its global network and integrated services, COSCO SHIP HOLD has unlocked the potential of the Asia-Latin America Land-Sea Corridor, propelling trade collaboration into a new phase of high-quality development.
**Anniversary Milestone: Upgraded Chemical Logistics Synergy** Coinciding with the first anniversary of Peru’s Chancay Port, COSCO Shipping Lines, a subsidiary of COSCO SHIP HOLD, successfully completed a trial collaboration with global chemical leader Wanhua Chemical for Delayed In-Transit (DIT) services at Chancay Port. On November 8, the first shipment departed smoothly aboard the "COSCO Asia" vessel, marking a significant "gift" for the port’s anniversary and showcasing how the corridor empowers specialized industries.
Amid the ongoing shift of global manufacturing to Southeast Asia and South America, trade demand in emerging South American markets continues to rise. COSCO Shipping Lines, capitalizing on its extensive global route network and port infrastructure, partnered with clients to develop innovative logistics solutions via Chancay Port. The project team ensured seamless execution from demand analysis to solution design and implementation.
This collaboration not only demonstrated the deep mutual trust between COSCO SHIP HOLD and Wanhua Chemical in global supply chain coordination but also highlighted breakthroughs in tailored services for key industries and the expansion of DIT and other innovative end-to-end solutions. Moving forward, COSCO SHIP HOLD will further optimize its global chemical logistics network, providing comprehensive end-to-end solutions to help Chinese enterprises seize growth opportunities in Southeast Asia and South America.
**Rail-Sea Intermodal Launch: A New Pathway for Vehicle Exports** On November 4, the inaugural "Chongqing-Chancay" rail-sea intermodal "single-document" dedicated route commenced, transporting 96 Changan Kuayue light trucks from Chongqing Guoyuan Port Railway Station to Chancay Port in Peru. This milestone signifies COSCO SHIP HOLD’s seamless integration of the Asia-Latin America Land-Sea Corridor with the Western Land-Sea Corridor, creating a more efficient and competitive logistics channel for Chongqing’s vehicle exports.
The Wuhan branch of COSCO Shipping Lines collaborated across multiple departments to achieve a streamlined process of "one-time consignment, one-container delivery, and single-document settlement." The rail-sea intermodal model reduced transit time by approximately 15 days and cut per-container costs by 25% compared to traditional methods. This "inland hub + coastal port + overseas gateway" synergy is becoming a pivotal enabler for manufacturing exports from central and western China.
**Innovation-Driven, Building a Green and Efficient Corridor** From precision logistics for the chemical sector to automotive supply chain upgrades, COSCO SHIP HOLD continues to drive innovation, activating the potential of the Asia-Latin America Land-Sea Corridor through its integrated service system. The company remains committed to enhancing corridor connectivity, integrating global trade networks, and transforming Chancay Port into a premier container hub in South America. Together with partners, it aims to develop the corridor into a more resilient, efficient, and sustainable pathway for shared prosperity.
Guided by the principles of co-creation, collaboration, and shared benefits, COSCO SHIP HOLD will embrace open cooperation with global clients and partners, writing a new decade of mutual growth and success.